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Opinion

Europe's disappointing investment deal with China

Why rush a deal that is so inherently complex?

| China
Xi Jinping waves during a video conference with European leaders from Beijing on Dec. 30: the deal amounts to so little.   © Xinhua/AP

Alicia Garcia-Herrero is Asia-Pacific chief economist at Natixis and a senior research fellow at Bruegel, a Brussels-based think tank.

After more than seven years of negotiations, the European Union and China appear to have reached a deal for their Comprehensive Agreement on Investment to go forward right before the deadline pressed by President Xi Jinping at the EU-China summit back in September.

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