EU, Ukraine and China
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An EU-China summit in Beijing wrapped up early on Thursday amid rising tensions, despite efforts to foster cooperation on trade, climate, and global stability.
European Commission president also says trade ties have ‘reached an inflection point’, while reiterating claim of industrial overcapacity.
Both China and the EU have pledged to deliver new commitments to reduce greenhouse gas emissions, ahead of this year's U.N. COP30 climate summit in November in Brazil. Both missed a February U.N. deadline to submit their new pledges.
The European Union and China have agreed on a new mechanism to help solve possible issues regarding exports, European Commission President Ursula von der Leyen said on Thursday, amid fears sparked by Chinese restrictions to rare earth exports.
World Trade Organization arbitrators on Monday reversed part of a previous panel decision that had rejected the European Union's claims that China had violated the global watchdog's rules on intellectual property.
As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.