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EU, China Signal Support to Complete Long-Sought Investment Deal

  • Envoys in Brussels urge completion of talks started in 2013
  • Deal would drive home deepening of EU, Chinese economic ties
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The European Union and China indicated they could clinch an agreement within days to open the Chinese market further to foreign investors in what would be a major economic and political victory for both sides.

Chinese Foreign Ministry Spokesman Wang Wenbin said on Tuesday that major progress had been made on the accord. And on Monday, EU ambassadors urged the European Commission to complete negotiations soon, according to an official who spoke on the condition of anonymity because the talks are confidential. Another official said the commission could announce a draft deal imminently.