Columbia International Affairs Online: Working Papers

CIAO DATE: 09/2014

The China-EU BIT: The emerging "Global BIT 2.0"?

Wenhua Shan, Lu Wang

August 2014

Columbia Center on Sustainable Investment

Abstract

Since China and the European Union (EU) announced their decision to negotiate a bilateral investment treaty (BIT) at the 14th China-EU Summit in February 2012, the two sides have engaged in two rounds of negotiations. If successful, it will be the first standalone EU BIT, a BIT between the world's largest developed economy and the world's largest developing economy, and will occupy a unique place in the history of BIT negotiations.