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On 30 December 2020, the EU and China concluded in principle the negotiations on the Comprehensive Agreement on Investment (CAI). The agreement grants EU investors a greater level of access to China’s market.
In the agreement, China has committed to ensure fairer treatment for EU companies, allowing them to compete on a more level playing field in China. These commitments cover state-owned enterprises, transparency of subsidies, and rules against forced technology transfer.
China also agreed to provisions on sustainable development, including commitments on climate and forced labour.
Both sides agreed to continue the negotiations on investment protection and investment dispute settlement, to be completed within two years of the signature of the agreement.
The Commission has imposed provisional anti-dumping duties on imports of certain polyethylene terephthalate (‘PET’) plastic products from China, defending EU companies and more than 1,500 jobs. The EU market of PET has a value of over €5.5 billion.
The European Commission has formally launched today an anti-subsidy investigation into the imports of battery electric vehicles (BEV) from China.
EU tightens anti-dumping measures on optical fibre cables from China to defend significant EU industry
The European Commission has doubled its anti-dumping duties on optical fibre cables from China, following an investigation which found that Chinese exporters of optical fibre cables were attempting to impede the effects of the original measures.