In the face of the United States” sweeping tariffs, enhanced cooperation between China and the European Union serves as a critical counterweight to Washington’s unilateral tariff measures, which are disrupting the rules-based global trading system, and provides a stabilizing force for the world economy, analysts said.
This year marks the 50th anniversary of China-EU diplomatic ties — a milestone that analysts said Beijing and Brussels should capitalize on to strengthen communications and resolve pending issues, and take their relationship to new heights.
The US has slapped steep tariffs on friends and foes, using such levies as bargaining chips to force other economies to make deals. Both the EU and China are feeling the brunt of the tariffs.
“China and the EU recognize that in the face of rising protectionism, they have a shared interest in preserving the…
