What does Europe want from China?

Release time：2024-05-21 14:52:58 Source：Global Groove news portal

BEIJING (AP) — Europe wants two things from China: First, a shift in its relatively pro-Russia position on the war in Ukraine. Second, a reduction in the trade imbalance — Chinese goods exports to the EU exceeded its imports from the 27-nation bloc by 291 billion euros ($310 billion) last year.

It’s not clear if it will get very far on either front.

German Chancellor Olaf Scholz became the latest European leader to leave China with promises to talk but little more. The Chinese statements on his meetings in Beijing this week didn’t appear to give ground on the issues that divide the EU and China.

There is some reason for hope in Europe. China badly wants foreign investment to boost its sluggish economy. And China has made efforts to mend its relationships from Europe to the United States and Australia, despite its differences with them.

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