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Australia offers Europe a warning on a trade deal with China

Is Beijing’s signature worth the paper it’s written on?

SYDNEY — The EU and China have struck their long-awaited investment deal — but what is Beijing’s signature worth when it comes to trade pacts, and what does it cost?

  • Zoya Sheftalovich and Ryan Heath
  • Politico

Australia, which has descended into a nasty trade fight with China, its biggest trading partner, has some uncomfortable answers for the Europeans on these questions.

The bottom line: top-level politics trumps trade every time.

Canberra’s experience shows the pitfalls of trying to balance economic policy with national security, regional politics and…

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