Assessing the pros and cons of the EU-China comprehensive agreement on investment: an introduction to the special issue

Abstract

The announcement of the China-EU Comprehensive Agreement on Investment (CAI) at the end of December 2020 triggered an intense debate. The deal has found many supporters inside Europe and in China—but also opposition coming from some European quarters and the USA. It is thus crucial to examine the pros and cons of CAI—an accord that if ratified would boost trade and investment relations between the EU and China as well as have profound implications for the USA which is actively working to create a common front with the European allies to counter Beijing’s increased self-confidence and assertiveness.