Top EU officials meet with Xi in China summit with trade in focus

INA-  sources


Top EU officials met Chinese President Xi Jinping in Beijing on Thursday for their first in-person summit in four years to discuss issues ranging from trade imbalances to Ukraine, with an agenda full of tough rhetoric but light on deliverables.
During the meeting, Xi urged the EU to work with China to provide global stability, enhance mutual political trust and “eliminate all kinds of interference” in the bilateral relationship, according to state broadcaster CCTV.

European Commission President Ursula von der Leyen, European Council President Charles Michel and EU foreign policy chief Josep Borrell will also meet Chinese Premier Li Qiang on their one-day visit.
It will be their last chance to get face time with top Chinese officials before the European Parliament elections kick off next year, triggering changes in the bloc’s leadership.
Both sides have sought to play down expectations ahead of the summit, with Chinese foreign minister Wang Yi warning Beijing-based diplomats from EU member states on Monday that Europe should choose “peace and stability” over a “new Cold War.”
A European official told journalists in Brussels earlier this week that “there’s not a single outstanding deliverable that will be crowning the summit,” adding that there will not be a joint statement.
In another blow to EU-China relations, member state Italy officially informed China “in recent days” that it is leaving the Belt and Road Initiative championed by Xi, Italian government sources told Reuters Wednesday.
A string of EU Commissioners have visited Beijing since China lifted pandemic border restrictions this year, including the bloc’s trade and climate chiefs, but little progress has been made on core irritants in the relationship. Most recently, Borrell’s chief of staff and senior EU diplomat Enrique Mora visited in November.
The European Union wants Beijing to use its influence on Russia to stop the war, and a main focus of the trip will be urging Xi to stop Chinese private companies exporting European-made dual-use items to Russia for its war efforts. Brussels initially left these Chinese firms off its latest Russia sanctions package unveiled last month, European officials said.
The bloc is also concerned about what it considers “imbalanced” economic relations, saying its near 400 billion euro ($431.7 billion) trade deficit with China reflects restrictions on EU businesses.
China has previously pushed back against an EU anti-subsidy investigation into Chinese electric vehicles and the EU’s “de-risking” policy to reduce its reliance on Chinese imports, particularly of critical raw materials.

Last month, foreign minister Wang told visiting French Foreign Minister Catherine Colonna the biggest risk is “the uncertainty brought by broad politicization,” and that “the dependency most in need of reduction is protectionism.”
During Colonna’s visit, China also offered visa-free entry to citizens of the EU’s five largest economies in a bid to boost post-pandemic tourism and improve China’s image in the West after ties deteriorated during the Covid pandemic.
EU officials say the two sides could cooperate more on action to combat climate change and to promote biodiversity.


source: CNBC