Although political debates were for the most part overshadowed by the Corona crisis at the beginning of 2021, this E-Paper wants to address the question of how the European Union could find its place in a more competitive world. The buzzwords of this debate were the concepts of strategic autonomy and strategic sovereignty of the EU.
This scoping paper compiled by focuses on the potential risks for the EU from enshrining rights for Chinese investors in Europe in an inter-national investment treaty. It emphasises these “defensive” interests, because investment treaties by their very nature restrict the ability of a state to regulate or even restrict foreign investment.
In the last years, a number of countries decided to join the Asia Infrastructure Investment Bank (AIIB), which has developed into a major player in the global financial architecture in record time. Korinna Horta's analysis of the situation regarding the respective standards after three years of AIIB in operation is very sobering.