Economy

EU's von der Leyen Urges Constructive Engagement with China for Trade Solutions

EU President Calls for Constructive Dialogue with China

In a recent address at the World Economic Forum, European Commission President Ursula von der Leyen emphasized the necessity for the European Union to engage constructively with China. She highlighted the importance of addressing ongoing trade issues and striving for mutual benefits, suggesting that it would be in China's long-term interest to manage its economic imbalances more responsibly.

Von der Leyen pointed out the challenges posed by Beijing's overcapacity and market distortions, which have compelled the EU to implement defensive trade measures such as tariffs. However, she advocated for a deeper relationship with China, aiming to expand trade and investment ties where feasible. The EU president underscored the need for a more balanced relationship with China, grounded in the principles of fairness and reciprocity.