The Fort Worth Press - EU tells China 'differences' must be addressed

USD -
AED 3.672955
AFN 68.291665
ALL 93.057229
AMD 389.770539
ANG 1.808359
AOA 911.999876
ARS 998.532199
AUD 1.54988
AWG 1.795
AZN 1.697017
BAM 1.855228
BBD 2.025868
BDT 119.90021
BGN 1.854597
BHD 0.376917
BIF 2963.296747
BMD 1
BND 1.345185
BOB 6.933055
BRL 5.813402
BSD 1.003315
BTN 84.297531
BWP 13.716757
BYN 3.283486
BYR 19600
BZD 2.022453
CAD 1.41015
CDF 2864.999832
CHF 0.887035
CLF 0.035506
CLP 979.710204
CNY 7.242501
CNH 7.24807
COP 4425.67
CRC 510.64839
CUC 1
CUP 26.5
CVE 104.59491
CZK 23.979009
DJF 178.66544
DKK 7.071903
DOP 60.456292
DZD 133.656995
EGP 49.400102
ERN 15
ETB 121.511455
EUR 0.948115
FJD 2.278498
FKP 0.789317
GBP 0.7925
GEL 2.735008
GGP 0.789317
GHS 16.027888
GIP 0.789317
GMD 70.999942
GNF 8646.941079
GTQ 7.74893
GYD 209.812896
HKD 7.78432
HNL 25.339847
HRK 7.133259
HTG 131.909727
HUF 388.409844
IDR 15864.8
ILS 3.7345
IMP 0.789317
INR 84.398896
IQD 1314.3429
IRR 42092.499948
ISK 137.560342
JEP 0.789317
JMD 159.351136
JOD 0.709104
JPY 154.813499
KES 129.502457
KGS 86.496346
KHR 4053.579729
KMF 466.574992
KPW 899.999621
KRW 1396.584777
KWD 0.30762
KYD 0.836179
KZT 498.615064
LAK 22046.736197
LBP 89848.180874
LKR 293.122747
LRD 184.608672
LSL 18.253487
LTL 2.95274
LVL 0.60489
LYD 4.900375
MAD 10.002609
MDL 18.230627
MGA 4667.201055
MKD 58.334202
MMK 3247.960992
MNT 3397.999946
MOP 8.045323
MRU 40.054641
MUR 47.050159
MVR 15.450295
MWK 1739.868711
MXN 20.40985
MYR 4.481992
MZN 63.875304
NAD 18.253747
NGN 1697.505277
NIO 36.921442
NOK 11.126745
NPR 134.880831
NZD 1.71176
OMR 0.385024
PAB 1.003296
PEN 3.808919
PGK 4.034511
PHP 58.657018
PKR 278.580996
PLN 4.113058
PYG 7828.648128
QAR 3.65762
RON 4.7186
RSD 110.926003
RUB 99.874552
RWF 1378.077124
SAR 3.753439
SBD 8.390419
SCR 13.687135
SDG 601.499395
SEK 11.001835
SGD 1.34441
SHP 0.789317
SLE 22.600451
SLL 20969.504736
SOS 573.447802
SRD 35.315501
STD 20697.981008
SVC 8.779169
SYP 2512.529858
SZL 18.247358
THB 34.857985
TJS 10.695389
TMT 3.51
TND 3.165498
TOP 2.342101
TRY 34.505085
TTD 6.812749
TWD 32.542499
TZS 2659.999793
UAH 41.44503
UGX 3682.325879
UYU 43.055121
UZS 12842.792233
VES 45.738084
VND 25412.5
VUV 118.722009
WST 2.791591
XAF 622.255635
XAG 0.032646
XAU 0.000387
XCD 2.70255
XDR 0.755845
XOF 622.229073
XPF 113.127366
YER 249.874973
ZAR 18.15195
ZMK 9001.200406
ZMW 27.546563
ZWL 321.999592
  • RYCEF

    0.0400

    6.82

    +0.59%

  • RBGPF

    61.8400

    61.84

    +100%

  • JRI

    0.0235

    13.1

    +0.18%

  • CMSC

    0.0200

    24.57

    +0.08%

  • SCS

    -0.0400

    13.23

    -0.3%

  • RELX

    -1.5000

    44.45

    -3.37%

  • RIO

    0.5500

    60.98

    +0.9%

  • NGG

    0.3800

    62.75

    +0.61%

  • GSK

    -0.6509

    33.35

    -1.95%

  • BCC

    -0.2600

    140.09

    -0.19%

  • CMSD

    0.0822

    24.44

    +0.34%

  • VOD

    0.0900

    8.77

    +1.03%

  • BCE

    -0.0200

    26.82

    -0.07%

  • AZN

    -1.8100

    63.23

    -2.86%

  • BP

    -0.0700

    28.98

    -0.24%

  • BTI

    0.9000

    36.39

    +2.47%

EU tells China 'differences' must be addressed
EU tells China 'differences' must be addressed / Photo: © AFP

EU tells China 'differences' must be addressed

EU President Ursula von der Leyen told Chinese leader Xi Jinping on Thursday that the bloc and its biggest trading partner must address their differences, as they began the first in-person EU-China summit in over four years.

Text size:

China and the EU have ramped up diplomatic engagement this year in an attempt to steer post-pandemic recovery and repair damaged ties, with a number of its commissioners visiting Beijing to restart high-level dialogue.

And in opening remarks, von der Leyen, flanked by European Council President Charles Michel and EU foreign policy chief Josep Borrell, thanked Xi for the "warm welcome" on what is her second trip to China this year.

"But there are clear imbalances and differences that we must address," she said.

"At times our interests coincide," she said, pointing to EU-China cooperation on artificial intelligence and climate change.

"And when they do not, we need to address and responsibly manage the concerns that we have," she said.

Michel, in turn, said the bloc was seeking a "stable and mutually beneficial" relationship with China.

But, he said, the EU would also "promote our European values including human rights and democracy" at the summit.

The bloc says it hopes the meetings will provide a chance to discuss areas of common interest.

In his opening remarks, President Xi told his European visitors they must "jointly respond to global challenges".

Thursday's talks are set to address more touchy topics too, from human rights and Beijing's continued ties with Russia despite its war in Ukraine to the yawning EU-China trade gap.

Von der Leyen warned this week that the bloc would "not tolerate" that imbalance indefinitely.

"We have tools to protect our market," she told AFP.

Beijing hit back on Wednesday, saying the bloc's efforts to curb exports of sensitive tech to China while balancing trade didn't "make sense".

European officials have said repeatedly this year they aim to "derisk" their economic ties to China after the war in Ukraine exposed the continent's energy dependence on Russia.

- 'Zero trust' -

Beijing's goal this week will be to "hinder or delay derisking at a minimum cost", Grzegorz Stec, an analyst at China-focused think tank MERICS, told a media briefing Wednesday.

Beijing will attempt to "project the image of a responsible global actor and to reassure European actors about the direction of the Chinese economy", Stec said.

But on the eve of the summit, news broke that Italy had withdrawn from China's vast Belt and Road infrastructure initiative.

Prime Minister Giorgia Meloni has long been opposed to Italy's participation in an initiative viewed by many as an attempt by Beijing to buy political influence -- and whose economic benefits to Rome were limited.

Also on the agenda at the summit will be the fighting between Israel and Hamas -- as well as Russia's war in Ukraine.

China, which has not condemned Moscow's February 2022 invasion of its neighbour, welcomed Russian President Vladimir Putin to Beijing in October, with Xi hailing their "deep friendship".

Such camaraderie is unlikely in Thursday's talks with EU leaders, who one analyst said had "zero trust" in Beijing.

"Both sides are unlikely to get what they want from the other side," Nicholas Bequelin, a senior fellow at Yale's Paul Tsai China Center, told AFP.

- Few offramps -

Beijing has said the meeting will "play an important role in building on the past and ushering in the future".

"China and Europe are partners, not rivals, and their common interests far outweigh their differences," foreign ministry spokesman Wang Wenbin said this week.

Von der Leyen and Michel's schedule in the Chinese capital on Thursday will be tight.

The EU chiefs' meeting with Xi will be followed by a working lunch.

They will then hold talks with Premier Li Qiang before attending an official dinner and a news conference in the evening.

The Europeans have said they will urge Beijing to use its ties with Moscow to push it to end its war against Ukraine.

While China has stopped short of providing military aid to Moscow, it has deepened economic ties as Western powers seek to isolate Russia.

War in the Middle East and tensions over self-ruled Taiwan will also feature prominently in the talks, the bloc has said.

F.Carrillo--TFWP