logo
China's top diplomat to visit EU, Germany, France next week

China's top diplomat to visit EU, Germany, France next week

France 2427-06-2025
Beijing has sought to improve relations with Europe as a counterweight to superpower rival United States, though frictions remain over trade and China's close ties with Russia despite its war in Ukraine.
China and the European Union will also host a summit next month marking 50 years since Beijing and Brussels established diplomatic ties.
Wang's trip will take him to Brussels, France and Germany and last from next Monday to Sunday, Beijing said.
"The world is undergoing an accelerated evolution of a century-old change, with unilateralism, protectionism and bullying behaviour becoming rampant," foreign ministry spokesman Guo Jiakun said -- a thinly-veiled swipe against the United States under President Donald Trump.
China's top diplomat will meet with EU counterpart Kaja Kallas at the bloc's headquarters in Brussels for "high-level strategic dialogue", he said.
In Germany he will hold talks with Foreign Minister Johann Wadephul on diplomacy and security -- his first visit since Berlin's new conservative-led government took power in May.
China looks forward to "strengthening strategic communication, enhancing pragmatic cooperation, and promoting new developments of the China-Germany comprehensive strategic partnership," Guo said.
Ties between Berlin and Beijing, he added, were "injecting certainty, stability, and positive energy into a turbulent world".
In France, Wang will meet minister for Europe and foreign affairs Jean-Noel Barrot, who visited China in March.
"Foreign Minister Wang Yi will exchange views with the French side on the international situation, China-France ties and China-Europe relations," Guo said.
And in Brussels Wang will also hold talks with Belgium's Prime Minister Bart De Wever and Deputy PM and Foreign Minister Maxime Prevot, Beijing said.
Trade spat
Ties between Europe and China have strained in recent years as the bloc seeks to get tougher on what it says are unfair economic practices by Beijing and the yawning trade imbalance between them.
Last week, the European Union banned Chinese firms from government medical device purchases worth more than five million euros ($5.8 million) in retaliation for limits Beijing places on access to its own market.
The latest salvo in trade tensions between the 27-nation bloc and China covered a wide range of healthcare supplies, from surgical masks to X-ray machines, that represent a market worth 150 billion euros ($176 billion) in the EU.
In response, China accused the EU of "double standards".
Another tricky point has been rare earths.
Beijing has since April required licences to export these strategic materials from China, which accounts for more than 60 percent of rare earth mining production and 92 percent of global refined output, according to the International Energy Agency.
The metals are used in a wide variety of products, including electric car batteries, and there has been criticism from industries about the way China's licences have been issued.
China has proposed establishing a "green channel" to ease the export of rare earths to the European Union, its commerce ministry said this month.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Russian military drone crashes and explodes in eastern Poland
Russian military drone crashes and explodes in eastern Poland

Euronews

time6 hours ago

  • Euronews

Russian military drone crashes and explodes in eastern Poland

A military drone that crashed in a cornfield and exploded in eastern Poland early on Wednesday was Russian, the country's defence minister has said. Police said they received reports of the crash around 2 am and found burned metal and plastic debris at the scene near the village of Osiny. As a result of the explosion, windows were broken in some houses but nobody was injured, PAP reported. Speaking at a press conference on Wednesday afternoon, Poland's Defence Minister Władysław Kosiniak-Kamysz confirmed the drone was Russian. "Russia is provoking us once again. We are dealing with a Russian drone," Kosiniak-Kamysz said. Meanwhile, a spokesperson for the Ministry of Foreign Affairs told the media that the drone was a Russian version of the Shahed model, which is produced by Iran. The military reported that the unmanned aircraft had a Chinese engine installed. Poland's Armed Forces Operational Command said in a social media post that no violations of Polish airspace from neighbouring Ukraine or Belarus had been recorded overnight. Officials initially believed the explosion may have been caused by a part of an old engine with a propeller. Since Russia launched a full-scale invasion of Ukraine more than three years ago, there have been a number of incursions into Polish airspace, raising alarm in the European Union and NATO member state and reminding people how close the war is. Poland is among the staunchest supporters of Ukraine and will spend 4.12% of its GDP on defence this year, according to estimates published by NATO. And in March, then Prime Minister Donald Tusk announced plans to provide military training to "every adult male" in the face of ongoing security threats.

Laopu Gold revenue, profit growth beat on robust China demand
Laopu Gold revenue, profit growth beat on robust China demand

Fashion Network

time8 hours ago

  • Fashion Network

Laopu Gold revenue, profit growth beat on robust China demand

Co.'s revenue and profit growth topped estimates in the first half as the Chinese jeweller's pieces, which blend traditional craftsmanship with rich cultural motifs, soar in popularity among middle class Chinese shoppers. Revenue increased 251% to 12.35 billion yuan ($1.72 billion) in the first six months of the year, according to a company earnings statement on Wednesday. Net income rose 286% to 2.27 billion yuan in the period. Laopu expected revenue and net profit to grow at least 241% and 279%, respectively, in a preliminary assessment in July. Laopu's rapid growth comes in sharp contrast to the struggles of some high-end Western retailers in China, defying a consumer pullback in an uncertain economy. Laopu, whose designs draw heavily on Chinese heritage, has been benefiting from Chinese consumers' shift to domestic brands from imported status symbols. Gold's resilience of as a store of value in a period of economic weakness has also fuelled the popularity of Laopu, which offers jewellery and ornaments in pure or diamond-studded gold. 'Laopu is well positioned to take demand from western luxury jewellery brands' entry-level customers and domestic gold jewellery brands' high-end customers,' Citigroup said in a July research note. The brand, which primarily operates in luxury shopping malls, has more than 40 stores across China. It opened its first outlet outside the country in Singapore in June, a test of demand from the overseas market. Laopu plans to raise prices from August 25, according to a company WeChat statement this month, without specifying the size of the increase. The jeweller usually raises retail prices every half year, and last did in February, according to Morgan Stanley.

Laopu Gold revenue, profit growth beat on robust China demand
Laopu Gold revenue, profit growth beat on robust China demand

Fashion Network

time8 hours ago

  • Fashion Network

Laopu Gold revenue, profit growth beat on robust China demand

Co.'s revenue and profit growth topped estimates in the first half as the Chinese jeweller's pieces, which blend traditional craftsmanship with rich cultural motifs, soar in popularity among middle class Chinese shoppers. Revenue increased 251% to 12.35 billion yuan ($1.72 billion) in the first six months of the year, according to a company earnings statement on Wednesday. Net income rose 286% to 2.27 billion yuan in the period. Laopu expected revenue and net profit to grow at least 241% and 279%, respectively, in a preliminary assessment in July. Laopu's rapid growth comes in sharp contrast to the struggles of some high-end Western retailers in China, defying a consumer pullback in an uncertain economy. Laopu, whose designs draw heavily on Chinese heritage, has been benefiting from Chinese consumers' shift to domestic brands from imported status symbols. Gold's resilience of as a store of value in a period of economic weakness has also fuelled the popularity of Laopu, which offers jewellery and ornaments in pure or diamond-studded gold. 'Laopu is well positioned to take demand from western luxury jewellery brands' entry-level customers and domestic gold jewellery brands' high-end customers,' Citigroup said in a July research note. The brand, which primarily operates in luxury shopping malls, has more than 40 stores across China. It opened its first outlet outside the country in Singapore in June, a test of demand from the overseas market. Laopu plans to raise prices from August 25, according to a company WeChat statement this month, without specifying the size of the increase. The jeweller usually raises retail prices every half year, and last did in February, according to Morgan Stanley.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store