EU Commission: Sanctions jeopardise Ratification of the CAI

It was already on the brink of collapse: The CAI investment agreement was supposed to symbolize greater proximity between China and Europe, but now it is becoming part of a major conflict between the trading blocs. By rejecting the agreement, Brussels is sending a signal to Beijing – and the German government, as a supporter of the agreement, is embarrassed. Meanwhile, the G7 is finding its way back to a common line in dealing with China.