EU-China investment agreement beneficial for both: Chinese Embassy in Paris

Saying that an investment agreement between the European Union and China will deliver benefits to both the sides, Chinese embassy in Paris has warned that those seeking to derail the accord are driven by “anti-Chinese paranoia”.

In a move to counter criticism, as the European Parliament prepares to assess the terms that were agreed in principle between China’s President Xi Jinping and European Commission President Ursula von der Leyen at the end of the year 2020, the Chinese diplomats issued a statement, saying, “The small number of politicians, think tanks and media in Europe” criticizing the deal in the name of a loss of values by the EU, are looking at it “through the prism of ideologies and in an obsolete mentality of bloc politics.”