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China Says EU Investment Deal in Final Stage, Hails Progress

  • After years of negotiations, historic investment pact in sight
  • Deal offers Beijing a chance to improve ties with Brussels
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China said talks with the European Union on a bilateral investment deal are in the final stages, citing progress between negotiators as they push for an agreement before a year-end deadline.

“Now the negotiations are in the final stage,” Chinese Foreign Ministry spokesman Wang Wenbin said at a briefing in Beijing on Friday. “I believe as long as both sides can take care of each other’s concerns and walk toward each other, we will be able to achieve goals set by our leaders.”