Germany’s EU Council Presidency and China: Pragmatism and Moral Collapse
Germany got its way. Well, German business with business interests in China did. The German EU Council Presidency ended with a big bang on December 30, when the EU and China signed their long-awaited bilateral trade and investment agreement, the “Comprehensive Agreement on Investment” (CAI). The agreement had been negotiated since 2014 and its adoption at the very end of last year came as a surprise.