Top representatives from the European Union will meet with Chinese President Xi Jinping and other key leaders Thursday, their first in-person summit since 2023 that’s exposing a divide between the bloc and Beijing just months after earlier signs of a possible detente. Tensions spanning trade to the war in Ukraine are casting a pall over…
The European Union and China are to celebrate the 50th anniversary of the establishment of bilateral diplomatic relations in Beijing, as many contentious issues dampen the festive mood. European Commission President Ursula von der Leyen and European Council President António Costa are to meet Chinese President Xi Jinping and Prime Minister Li Qiang on Thursday…
The murmurs of a détente that grew in the first quarter have given way to fresh tensions, with the problems between the two sides multiplying and widening to a surprising degree before Thursday’s showdown in the Chinese capital. In recent months, trade friction and China’s support for Russia have resurfaced as flashpoints, dashing any prospect…
This year marks half a century of formal diplomatic relations between China and the European Union as well as the 25th anniversary of the founding of the European Union Chamber of Commerce in China. In this, the first of a series of reports examining ties between the two powers, Shi Jiangtao looks at the influence…
China confirmed that top leaders from the European Union will visit on Thursday for a summit, as the two major trading partners seek to smooth over a series of trade disputes. “As agreed between China and the EU, President of the European Council Antonio Costa and President of the European Commission Ursula von der Leyen…
The European Union has sanctioned two small Chinese banks in its latest package of measures designed to hobble Russia’s war machine, despite a warning from Beijing to expect consequences. Suifenhe Rural Commercial Bank and Heihe Rural Commercial Bank, two regional lenders from cities close to China’s border with Russia, were blacklisted in the 18th package…
Key Points The U.S. and EU have the largest bilateral trade and investment relationship in the world, representing almost 30% of global trade in goods and services. Last year alone, the value of EU-U.S. trade amounted to 1.68 trillion euros ($1.96 trillion). That’s the equivalent of roughly 4.6 billion euros of trade per day. U.S….
If a week is a long time in politics, after a bruising fortnight of wrestling with the world’s two superpowers, the European Union could be forgiven for thinking it has aged several decades. The bad news for the bloc’s bureaucrats is that they may have an even trickier few weeks to navigate before they are…
The flags of the European Union fly in front of the European Parliament. Philipp von Ditfurth | dpa | Picture Alliance | Getty Images President Donald Trump said Saturday the U.S. will impose a 30% tariff on goods from the European Union and Mexico that will take effect on Aug. 1. Trump revealed the new…
The European Union has unveiled sweeping plans to slash its reliance on China and reclaim control over critical sectors – from chemicals to pharmaceuticals and biotech – as it steps up its de-risking plans. On Wednesday the bloc unveiled three separate proposals – an action plan for the chemicals industry, a medical countermeasures strategy and…