Commerce Ministry
China to hold talks on EU investment pact at its own pace
China will conduct talks on an investment pact with the European Union at its own pace, raising doubts about whether a deal can be sealed by year-end. China’s Foreign Ministry said, on Friday, that negotiations for the EU-China Comprehensive Agreement on Investment, which would grant European companies greater access to the Chinese market, have gone on for six years. An EU official said earlier that a deal was close, following a push from Germany, which holds the EU presidency until the end of the year and is the biggest European exporter to China. But the latest comments by the Chinese government suggest otherwise. China will “conduct talks at its own pace on the premise of safeguarding its security and developmental interests’’, foreign ministry spokesman, Wang Wenbin, told a news briefi...
