Decision-makers in Beijing expect that Trump’s brutal pressure will bring Europe closer to China and, on the face of it, this would make sense. But a full-fledged détente between the EU and China is unlikely.
The last thing he needs is a trade war with the United States. Unfortunately, that’s exactly what President Donald Trump is starting, threatening 25 percent tariffs on European imports. And target number one is the German car industry — the backbone of Europe’s economy.
Following an Oval Office blowup and a European-led summit, a path to ending the war in Ukraine seems more unclear than ever as new rifts emerge between the United States and the European Union. For China,
The European Union's trade chief Maros Sefcovic intends to visit China at the end of March, according to people familiar with the plan. It will mark his first trip to Beijing as commissioner for trade and economic security and comes after a maiden visit last week to Washington,
China remains committed to high-quality development and high-standard opening up, and sharing development opportunities with other countries. China is ready to synergize its Belt and Road Initiative with the EU's "Global Gateway" strategy, fostering greater connectivity and mutual benefits on a global scale.
China urged the European Union to stop sanctioning Chinese companies and discrediting the country, its commerce ministry said on Tuesday, after Chinese entities and individuals were included in the EU's latest sanctions package against Russia.
"Instead what we see, in the first month and a half of this new administration, the conflict is between the U.S. and its allies."
The European Union plans to urge India to lower its high tariffs on cars and wine to boost trade, as it seeks to reduce its reliance on China, a senior official from the bloc said, ahead of a visit by the European Commission president to New Delhi.
The European Union will unveil a plan to improve the bloc’s competitiveness as its industries struggle to balance ambitious climate targets and increasing rivalry from the US and China.
BYD plans to raise $5.2 billion through a share sale in Hong Kong to fund its overseas expansion and research and development efforts.