May 20, 2021

The European Parliament voted through a motion on Thursday to freeze the China-EU Comprehensive Agreement on Investment (CAI), putting the brakes on ratifying the massive deal that is envisioned to assist the 27-nation bloc's economic recovery amid lingering COVID-19 woes.

With the latest motion leaving the deal hanging up in the air, the European Parliament has apparently put its groundless and politically motivated provocations against China above the bloc's economic fate that is intimately tied to its financial and trade partnerships with China, observers said.

They also urged the EU to abandon political coercion as it won't intimidate China but may put the bloc's true interests at stake. 

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