Overview

• The July 24 summit in Beijing will be chaired by Premier Li Qiang and limited to one day, with President Xi Jinping not expected to attend.
• Ursula von der Leyen has accused China of flooding global markets with subsidized overcapacity and “enabling Russia’s war economy” through its no-limits partnership with Moscow.
• Brussels plans to press Beijing for fewer market distortions, fair reciprocal access for European firms and relief from rare-earth export curbs.
• China has canceled the usual pre-summit trade dialogue and ruled out issuing a joint communiqué, underscoring deep mutual mistrust.
• The EU is pursuing a de-risking strategy to diversify critical supply chains after years of growing deficits and strategic tensions with Beijing.