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Trade Imbalances

All articles tagged with #trade imbalances

international-relations2 years ago

China-EU Relations: Strengthening Trust and Cooperation Amidst Global Challenges

EU foreign policy chief Josep Borrell has called on China to take Europe more seriously and stop viewing its relationship with the EU through the lens of its rivalry with the United States. Borrell emphasized that Europe's assessments and conduct towards China are driven by its own interests and not influenced by any hidden agenda. He expressed frustration that Beijing does not accept that the EU has formed its own conclusions on China. Borrell's visit to China aims to reaffirm Europe's seriousness in its relationship with China and address issues such as the conflict in Ukraine and the Middle East. The EU is also concerned about trade imbalances and market access problems faced by European firms in China.

politics2 years ago

Navigating Tensions: EU Leaders Look to China for Diplomatic Solutions

French President Emmanuel Macron and European Commission President Ursula von der Leyen met with Chinese President Xi Jinping to persuade China to play a bigger role in ending Russia's war in Ukraine. However, they failed to convince China to condemn Russia. Both leaders emphasized the importance of maintaining dialogue with China, given its close ties with Russia. They also acknowledged the critical imbalances in their economic relationship that should be addressed. The visit also took place amid tensions in the Taiwan Strait.