European Union Prepares Investment Pact with Communist China | WHAT REALLY HAPPENED

European Union Prepares Investment Pact with Communist China

EU member states gave political backing to Brussels’ planned investment pact with China on Monday, clearing the way for a deal between the world’s biggest economic blocs.

At a meeting of ambassadors, the German EU presidency noted that no member had “raised a stop sign and the way for a political endorsement was thus cleared”, a diplomat said.

The diplomats noted “recent positive developments” in negotiations, with China reportedly addressing concerns over the alleged use of forced labour on its farms.

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