European Union and Chinese leaders are meeting in Beijing for a high-stakes summit marking 50 years of diplomatic relations, but expectations are low as trade frictions and geopolitical divides dominate the agenda.
Both sides are grappling with escalating trade disputes, strategic mistrust, and the impact of U.S. policies, particularly those stemming from the Trump-era tariffs. The summit, originally seen as an opportunity to reset relations, is now overshadowed by concerns over critical minerals, supply chain dependencies, and differing stances on global issues like the Ukraine war. European businesses are caught in the crossfire, facing uncertainty as the world's major economies drift toward deeper economic conflict.
Despite calls for cooperation on climate and green technology, the mood remains tense, with few concrete deliverables expected.
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