China-EU investment deal should stay in ‘deep freezer’, outgoing trade chief warns

The EU’s outgoing top trade official Sabine Weyand used her departing appearance at the European Parliament to pour cold water on the prospect of an investment deal with China, hinting instead that new weapons for dealing with Chinese “macroeconomic imbalances” could be on the way. Weyand, who is leaving her role as the EU’s director general for trade after a seven-year tenure, said the Comprehensive Agreement on Investment – a pact signed in the last days of 2020 but frozen soon after in a row...