China, European Union and Beijing
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Expectations are rock-bottom for an EU-China summit on Thursday that will test European resolve and unity as the bloc faces intense trade pressure from both Beijing and the United States, analysts say.
Every Friday, we recap highlights of the news from China. This week, an important summit was held in Beijing, India took another step towards normalising ties with China, and the Medog dam project saw a development.
That's the approximate size of the European Union's trade deficit with Beijing, which has doubled over the past decade and become a larger issue for the bloc's officials. "We need to see progress on this issue,
Chinese leader Xi Jinping told visiting European Union leaders that Europe should make “the right strategic choice” and enhance cooperation with China for global “stability,” as the two sides tackle deep-seated grievances at a key summit.
Respecting the customs, beliefs and identities of others is not merely a gesture of goodwill; it is a prerequisite for peaceful coexistence in an interdependent world. The encouragement of cultural dialogue between societies grounded in mutual respect and equality is a moral and strategic necessity.
Chinese Foreign Minister Wang Yi and US Secretary of State Marco Rubio met face-to-face, a step toward a potential leaders’ summit.