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Published on: March 8, 2024
CAI is DOA
1Woodrow Wilson International Center for Scholars/Johns Hopkins University School of Advanced International Studies, Washington, DC USA.
Abstract:
The Comprehensive Agreement on Investment (CAI) that was borne but not formally blessed by China and the European Union in late December 2020 is unlikely to survive in its current form, if it survives at all. In fact, there is good reason to believe that the CAI is DOA - dead on arrival - due to EU sanctions and Chinese countersanctions related to China's persecution of its Uyghur minority; criticism of the negotiated agreement; and changing political calculations by Beijing and among EU member states.
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