Bilateral investment treaties have been under negotiation for many years between Beijing and both the US and EU. But discussions with the EU have been disrupted by Brexit and the Trump administration is resistant to an agreement that would encourage American companies to invest more abroad. Yet, for many American and European businesses operating in or hoping to operate in China, liberalising China's FDI policies would create commercial opportunities that would generate more jobs at home. Thus, moving forward with a bilateral investment treaty should be high on the agenda for both the US and EU.
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