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EU's Tense China Summit Yields Few Concrete Changes
EU's Tense China Summit Yields Few Concrete Changes

Bloomberg

time25-07-2025

  • Business
  • Bloomberg

EU's Tense China Summit Yields Few Concrete Changes

Welcome to the Brussels Edition, Bloomberg's daily briefing on what matters most in the heart of the European Union. We're keen to hear your views on this newsletter. Please participate in our short survey. Expectations were low going into the EU's summit with China in Beijing given that the two-day affair had already been curtailed. In the end, the first in-person meeting between the EU and Chinese leadership since 2003 made little progress in terms of concrete deliverables. Commission President Ursula von der Leyen and Council President Antonio Costa pulled no punches on China's trade practices in their closing press conference, calling out Beijing's support for Russia amid its invasion of Ukraine, and reiterating their view that the trading relationship is 'critically unbalanced.' The two sides did agree on a mechanism to identify supply chain bottlenecks, committed to work on solutions on public procurement and endorsed a joint statement on climate — in one bright spot of unity. Editor's Note: Tomorrow's edition will be the last Brussels Edition before the summer break. We'll be back in your inbox on September 1st.

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