Overview
- Spanish Prime Minister Pedro Sánchez met with Chinese President Xi Jinping in Beijing, marking his third visit to China in recent years to strengthen bilateral economic ties.
- Xi Jinping urged the European Union to collaborate with China in opposing what he described as U.S. 'unilateral bullying' through excessive tariffs, including the recent 145% levy on Chinese goods.
- Sánchez emphasized the need to address Spain's significant trade deficit with China while fostering balanced and mutually beneficial trade relations.
- Spain aims to position itself as an intermediary between the EU and China, leveraging the current global trade tensions to attract Chinese investment and diversify its markets.
- The meetings come as the EU grapples with divisions over its approach to China, with Spain advocating for closer cooperation despite U.S. warnings of economic risks.