A high-stakes summit in Beijing marking 50 years of EU-China diplomatic ties was dominated by mounting frustrations over trade imbalances, with EU leaders demanding a 'rebalancing' of economic relations and warning that market openness cannot continue without progress.
The EU pressed China on its massive trade surplus and support for Russia amid the Ukraine war, while Chinese President Xi Jinping urged Europe to make 'the right strategic choice' and deepen cooperation. Despite the tense atmosphere, both sides managed to issue a joint statement on climate change, highlighting this as a rare area of agreement. The summit, shortened and scaled back, underscored the deepening rift between the two powers as they grapple with global economic and geopolitical challenges.
The outcome signals a critical inflection point for EU-China ties, with little progress on core disputes and growing uncertainty about the future of their partnership.
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