China ‘puts Europe trade deal on back burner’ to put out US tariff fire

 In Global Trade


  • Uncertainties over talks between Washington and Beijing have overshadowed progress with Brussels, source says

At their annual summit last month, Beijing and Brussels agreed to achieve “decisive” progress in a bilateral investment agreement this year, paving the way for a high-level deal in 2020. But the protracted trade talks with the United States had diverted Chinese attention from the agreement with Europe and discussions on overhauling the World Trade Organisation, the source said.

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