This week marked a significant meeting between EU leaders and China. Geopolitical tensions, particularly related to the war in Ukraine, became a key discussion point.
Deteriorating Trade Relations between the EU and China
The EU and China are facing serious disagreements over trade policies. The EU has expressed concerns about a surge of low-cost Chinese goods entering European markets and China's control over rare earth supply chains. The EU's chief diplomat, Kaja Kallas, noted that "China is the key enabler of Russia’s war in Ukraine."
Summit Prospects and Expectations
The scheduled summit talks in Beijing on Thursday are viewed as an opportunity for rapprochement. While analysts expect mixed results, they suggest that an open dialogue, even without concrete agreements, could be a step forward. Nonetheless, there is a determination to protect EU interests, particularly in light of the economic situation and potential alignment between China and Russia.
China's Countermeasures to EU Criticism
China has taken several countermeasures in response to the EU's concerns. For instance, China's Ministry of Commerce sharply condemned the EU's latest sanctions, warning of negative consequences for trade relations. China has also initiated its own trade investigations against the EU and reduced purchases of European-made equipment in response to recent restrictions.
The summit between the EU and China will be an important step for both parties, yet ongoing disagreements in trade and geopolitical matters continue to create tension. How further relations will develop remains an open question in light of the complex international landscape.
