On 30 December 2020, the Comprehensive Agreement on Investment (CAI) between the European Union and China was announced, just hours before the end of the negotiations’ time limit laid down at their previous meeting in September. The text of the CAI was long-awaited and released on 22 January 2021 for information purposes. However, it may still undergo further modifications. The Agreement is said to guarantee an ‘unprecedented level of market access to EU companies in China’. Currently still to be signed, the deal will need to be vetted by experts and lawyers and to be ratified by the European Parliament before being effectively signed by the two parts.
