Tensions between the European Union and China have escalated sharply after the EU imposed sanctions on Chinese banks and companies accused of aiding Russia's war effort in Ukraine. The EU is pressuring China to use its influence over Russia to help end the conflict, warning that Beijing's stance on the war will be the 'determining factor' in future EU-China relations. China has strongly condemned the sanctions, vowing retaliation and insisting that its cooperation with Russia is legitimate and not directed against third parties. High-level EU leaders are traveling to Beijing for urgent talks, but both sides are trading barbs and appear far apart on key issues. The standoff threatens to further strain economic and diplomatic ties between two of the world's largest economies.
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