China-EU summit resumes after five-year hiatus, but relations remain strained

Contributing sentiments towards policy:

58% : During the summit, Chinese leader Xi Jinping emphasized the joint responsibility of China and the EU in bolstering global governance and upholding global stability.
58% : This year mutual trade between the two is expected to be some €170bn, most of it Russian raw material and energy exports to the EU that continue via Ukraine.
56% : / bne IntelliNewsChinese leader Xi Jinping hosted European Council President Charles Michel and President of the European Commission Ursula von der Leyen in Beijing for the 24th Chinese-European Summit, it's first meeting in five years, as the EU tries to work out a pragmatic relation with Beijing.
54% : "Xi noted that the world is undergoing "significant changes" and highlighted the roles of China and the EU as key markets that facilitate globalization and contribute to multipolarity.
47% : For its part, while the EU wants to limit China's influence in its markets and sees it as a geopolitical rival, nevertheless the EU remains heavily dependent on Chinese trade which it wants to maintain.
46% : Meanwhile, China has gone a long way to replacing the trade between Russia and the EU which has fallen to a third of its former volumes since the annexation of the Crimea in 2014 and that fall has accelerated since the invasion of Ukraine about 22 months ago.
40% : The meeting, held at the Diaoyutai State Guesthouse in Beijing, was initially scheduled to last two days, but internal disagreements within the EU, particularly related to Ukraine, led to the European side truncating the program.
33% : The chilly mood at the summit highlighted that relations between the EU and China remain strained.

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