China has agreed to try to reach a deal next year with the EU on opening its markets to foreign investors in what Donald Tusk, the president of the European Council, hailed “a breakthrough” in relations with Beijing, said the Financial Times.
China and the EU have set a 2020 target date to the agreement of an investment treaty proposed in 2013, which Brussels has identified as its strategy to improve access to the Chinese market.
Aside from the target date for the investment treaty, the text offered few concrete commitments, with leaders agreeing to review progress next year.
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