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China-EU investment deal
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  • In the past year, German firms actively embraced Chinese market and taken steps to give a ‘vote of confidence’ to the Chinese market, says Wu Ken
  • Ambassador says both Berlin and Brussels had greater understanding of China as more in Europe reflect on the ’risks brought by de-risking’
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Provisional agreement would target sectors and regions profiting from state-imposed forced labour based on database drawn up by European Commission.

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Amid strain over Ukraine war, China-US tension and trade rows, analyst says a potential Europe trip by Xi may help two sides reduce ‘misperceptions’.

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China’s top diplomat will try to find openings for Beijing’s interests amid continent’s panic over ex-American leader’s possible return, analysts say.

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Multinationals still want to invest, Joerg Wuttke, president emeritus of the European Union Chamber of Commerce in China, says, but obstacles include overcapacity in manufacturing and a lack of candour from top leadership.

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Commission President Ursula von der Leyen unveiled a de-risking strategy last year, but opposition from member states threatens to scupper some key measures.

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In Brussels, Beijing’s promises to individual EU states are seen through the lens of a combative and defensive China unwilling to yield on major issues.

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Russian Prime Minister Mikhail Mishustin is back in China for the second time this year, and the neighbours’ latest trade deal involves greater oversight of capital flows and bonds.

In lead-up to China-EU summit on Thursday, China’s foreign minister says if the two sides choose dialogue and cooperation, there will be no bloc confrontation.

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Despite efforts from the European Union to unite the continent in moving its economies away from China, Serbia has signed a major free-trade agreement and cemented bilateral ties even further.

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At the first high-level talks between China and Germany in four years, both sides agree to update a financial cooperation agreement, but trade appears sidelined.

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He, a confidant of President Xi Jinping, covers a bigger footprint in the trade portfolio than his predecessor Liu He but is not responsible for tech or manufacturing.

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Vera Jourova to promote idea of artificial intelligence advisory panel in dialogue with Chinese vice-premier during 24-hour visit to Beijing, where she is also expected to sign consumer safety deal and raise concerns from European business community.

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Li meets European Council President Charles Michel on sidelines of G20, telling him Beijing will work to strengthen dialogue and properly handle sensitive issues, says state media.

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Departing ‘high priest of EU-China policy’ Gunnar Wiegand pushed for more realistic approach to China and de-risking ties while insisting engagement is crucial.

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Borrell ‘tentatively’ agreed to the visit after a meeting with China’s foreign policy chief Wang Yi last week, according to a senior Brussels source

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Blueprint backs EU’s strategy and highlights economic and political risks, but makes clear that decoupling remains off the table.

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China supplies EU 71 per cent of its gallium and 45 per cent of its germanium; analysis will determine which industries and member states are most vulnerable.

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