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Macron’s problems with the CAI

When Angela Merkel, Emmanuel Macron, and China’s President Xi Jinping spoke to each other at the end of December 2020 to cement the political agreement on the EU-China Investment Agreement (CAI) together with EU Commission President Ursula von der Leyen and EU Council President Charles Michel, there was discreet amazement among Brussels observers. Why did Macron take part in the video conversation? Likely, the French president was there at Merkel’s invitation to showcase EU unity. But since then, there have also been rumors of a Franco-German-Chinese backroom deal – rumors that continue to be spread, despite all the EU Commission’s assurances that there were no extra deals for individual EU states.

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