The European Union is set to buy time in its case against China at the World Trade Organization over allegations of economic coercion targeting Lithuania, according to people familiar with the matter.
With both the United States and the European Union changing their leadership in 2024 the Wilson Center’s Global Europe Program and The Friedrich Naumann Foundation are pleased to present findings from a new joint report analyzing the priorities of the new European Commission and highlighting key issues that will shape the future of US-EU cooperation.
EU chief Ursula von der Leyen called Tuesday for the bloc to "deepen" ties with China and boost relations with India, while taking a "pragmatic" approach with Donald Trump's combative new US administration.
The European Union is debating whether to drop a sensitive trade investigation against China over alleged coercive activity targeting Lithuania, a prospect that’s frustrated officials in Washington, where the incoming Trump team sees it as capitulation to Beijing.
Attacks on underwater cables in strategic areas connecting telecommunication lines and power sources in Asia and Europe are suspected to be coordinated attacks by China and Russia.
BRUSSLES: The European Union launched a new challenge at the World Trade Organisation (WTO) on Monday against China's rules on royalty rates
Beijing’s policy of favoring domestic medical technology is a matter of record, but the European Commission apparently heard enough from EU med tech firms to take action. The Commission posted notice that it may take steps to retaliate by restricting bids from China for EU government contracts in retaliation,
EU chief Ursula von der Leyen said Tuesday the bloc should "engage constructively" with China, despite rising trade tensions between Beijing and Brussels.
Chinese industry body CCCME also files a complaint, urging Beijing and Brussels to negotiate a compromise to avoid tariffs.
EU, German and Chinese leaders took turns defending global cooperation in Davos on Tuesday as the spectre of new trade wars looms following Donald Trump's return to the White House.
China and the European Union have a robust "symbiotic" economic relationship and Beijing hopes the bloc can become "a trustworthy partner for cooperation", President Xi Jinping told European Council President Antonio Costa on Tuesday.