September 26, 2023

While wrapping up a "productive" high-level trade dialogue, China and the EU, two of the world's largest economic powers, have made a noticeable step forward in their pragmatic ties, including announcing concrete working mechanisms in different sectors to enhance communications, which has sent a positive signal of cementing relations amid rising geopolitical tensions and a sluggish world economy.

Based on the productive outcome, in particular fresh working mechanisms that could act as "reservoirs of trust" when both sides deal with specific issues, it is hoped the EU can move in the same direction with China to jointly tap into their broad cooperation space in the future via seeking its own policy independence instead of being tied to the US wagon of unilateralism, experts said.

The EU is urged to abandon its bias against China based on ideology, they said, as it tends to treat China and Chinese businesses as a potential "threat" or "risk" amid a so-called "de-risking" campaign, which is widely believed will see decoupling from China in certain areas, even though the bloc repeatedly denies that is its aim.

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