EU leaders commit to reducing dependence on China and de-risking trade relations

TL;DR Summary
European Union leaders have pledged to reduce their economic dependence on China and pursue a mutually beneficial economic relationship with Beijing while reducing critical dependencies and vulnerabilities. The leaders emphasized the need to prevent strategic dependencies and diversify economic cooperation. The EU summit concluded without an agreement on a plan to distribute migrants fairly across member states, as Poland and Hungary blocked a statement on the recent migration deal. Poland's Prime Minister vowed to veto any plans that could force countries to take in refugees, while Hungary and Poland continue to resist EU migration policies.
- EU leaders agree to cut reliance on China DW (English)
- Companies rather than countries must de-risk relations with China -Scholz Yahoo News
- EU leaders to pledge to reduce bloc's dependence on China CNA
- EU leaders agree to ‘de-risk’ the bloc’s trade dealings with China South China Morning Post
- Between the Superpowers: What Is Germany's China Policy? The Diplomat
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
2 min
vs 3 min read
Condensed
82%
514 → 95 words
Want the full story? Read the original article
Read on DW (English)