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Eversheds comment: China/EU trade treaty talks lay down positive foundations

  • United Kingdom

    21-11-2013

    Following the announcement that China and the EU will begin talks on a landmark treaty aimed at boosting investment, Stephen Kitts, Asia managing partner at global law firm Eversheds comments:

    "This is another example of China and Europe recognising that there is mutual benefit to clearing away some historic baggage to facilitate a more open commercial dialogue to ease the flow of capital between the two regions. Outbound investment is a fundamental component of China's economic plan and Europe is seen as being a relatively benign economy in which to invest and do business.

    “Europe is keen to attract new sources of capital and China is a very obvious (and willing) investor. These developments lay down some foundations for positive investment activity in both China and Europe in the medium term."

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