On 4 January, Xinhua News made an exclusive interview with Christine Miles Beijing DHH Law Firm, Foreign Trade Advisor to the French Government and lawyer of Beijing DHH Law Firm regarding the completion of negotiation of China-EU Comprehensive Agreement on Investment.
Lawyer Christine Miles is receiving an exclusive interview from Xinhua News
Source: Xinhua News
Christine said in the interview, "One of the difficulties that foreign investors face in China is the implementation of some of the laws and the uncertainty caused by different implementation at the local level makes it difficult for them to identify the investment risks they may encounter; On the other hand, some laws are too broad, which also leads to problems. The China-EU Investment Agreement can provide a solution to these challenges, and it also foreshadows the elimination of the need for joint ventures by European investors in some sectors in China, which is a very good trend and allows them to invest more freely within China."
In addition, lawyer Christine also believes that "President Xi Jinping is very keen to push forward free trade between China and Europe, and we can see that EU and China completed the negotiation at the end of last year. The world is interdependent, and country to country, region to region need to work together to address health crises, and economic cooperation, instead of closing the door,"
After the exclusive interview, Xinhua published a Chinese-French bilingual article titled "French Government Foreign Trade Advisor: China-EU Comprehensive Agreement on Investment Is Good for Creating a Good Competitive Environment", and broadcasted the video of the interview on Xinhua account on Facebook, where it received 8000+ clicks and 100+ comments and likes.
Source: Facebook of China Xinhua News
The completion of negotiation of the EU- China Comprehensive Investment Agreement sends out a positive signal that will benefit our economic and trade ties in the long run. At the same time, it will have a far-reaching impact on China's high-level opening up and rule of law construction. Foreign legal practitioners have a promising future in these fields.