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EU-China Summit Concludes with Potential for Collaboration Despite Trade Deficit

China urged to halt exports of dual-use technologies to Russia and increase imports from Europe, as both sides align on tackling climate change.

  • EU-China summit concluded last week with low expectations but was deemed a success due to open discussions on key concerns.
  • EU's trade deficit with China, which was nearly €400 billion last year, is a significant issue, with China's exports to the EU drastically expanding in recent years.
  • Political tensions persist, but the EU and China have aligned interests in tackling climate change and can potentially collaborate on green technologies.
  • China must halt export of dual-use technologies to Russia, facilitate European imports and investments with greater market access, and collaborate on climate change and sustainable development in Africa.
  • Despite political differences, both EU and China are urged to work together to uphold their responsibilities to build a better world.
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