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China and EU strike investment deal - Container shortage threatens global supply chain
Most goods are transported around the globe by ship, making overseas containers essential. But demand for the metal boxes far outstrips supply at the moment.
The European Parliament has said it will not approve a multi-billion-euro investment deal with China until Beijing lifts tit-for-tat sanctions.
Profitable economic relations clash with competing systems. Germany is caught between the fronts. Berlin's most powerful ally and its most important trading partner are on a collision course — the US and China.
Leaders of EU and China have tentatively approved an investment pact that Brussels hopes will open up lucrative opportunities despite concerns about Beijing's record on human rights.
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