Huge trade partner and ‘systemic rival.’ Europe has a China problem


Source: edition.cnn.com edition.cnn.com

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London CNN Business — Europe is becoming increasingly reliant on China for trade, and many of its top companies are eager to invest in the world’s second biggest economy despite the disruption caused by Covid lockdowns. But a souring relationship with an increasingly unpredictable Beijing, regret about the price Europe has paid for getting too close to Russia, and rising geopolitical tension has some EU officials considering whether the bloc should start to reduce its exposure. It’s a calculation EU Council President Charles Michel will be weighing up Thursday as he visits Chinese leader Xi Jinping for talks aimed at...