EU Touts China Investment Deal as Way to Boost European Firms

The European Union’s top trade official said that newly published details of its investment agreement with China underscore how businesses are set to benefit from increased access.

The deal “rebalances the EU-China investment relationship,” the bloc’s Trade Commissioner Valdis Dombrovskis said in a statement on Friday. “The EU-China Comprehensive Agreement on Investment will help to level the playing field and provide more market openings for EU companies and investors.”

The accord, which received political approval in December, expands access to the Chinese market for European investors in industries ranging from cars to telecommunications. It also seeks to tackle underlying Chinese ...