A high-stakes summit in Beijing marking 50 years of EU-China diplomatic ties was dominated by deep frustrations over trade imbalances, with the EU pressing China to address its massive trade surplus and concerns over Beijing's support for Russia amid the Ukraine war. Despite some narrow agreements on climate cooperation, both sides failed to make significant progress on core economic and geopolitical issues. European leaders warned that continued economic imbalances could threaten the openness of EU markets to China, while President Xi urged the EU to make 'the right strategic choice' and deepen cooperation. The summit underscored a pivotal moment in EU-China relations, with both sides acknowledging the need for 'rebalancing' but showing little sign of resolving their differences. The tense atmosphere reflects broader global uncertainties, including US tariffs and shifting alliances.
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