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China looks to get cozy with the EU in annual talks as Trump tariffs bite

2018-07-16 10:14:24       source:CNBC

July 16, 2018


The European Union will open an annual meeting with China on Monday, and will be looking to fend off overtures for an anti-U.S. alliance as China seeks a European counterbalance to U.S. tariffs.


Premier Li Keqiang will host European Council President Donald Tusk and European Commission President Jean-Claude Juncker in Beijing, where the two sides could reinvigorate long-running investment treaty talks with the expected exchange of markets access offers for the first time.


The meeting is expected to produce a modest communique affirming the commitment of both sides to the multilateral trading system. Leaders failed to find sufficient consensus for such a joint statement after meetings in 2016 and 2017.


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https://www.cnbc.com/2018/07/16/china-looks-to-get-cozy-with-eu-in-annual-talks-as-trump-tariffs-bite.html