Leaders from the European Union and China are meeting in Beijing for a high-stakes summit commemorating 50 years of diplomatic relations, but the mood is tense due to escalating trade disputes and strategic mistrust.
Both sides are grappling with the fallout from US trade policies, particularly tariffs imposed during the Trump administration, which have complicated efforts to reset relations. Expectations for major breakthroughs are low, as longstanding grievances over trade imbalances, critical minerals, and China's support for Russia continue to overshadow talks. European businesses are increasingly caught in the crossfire, facing uncertainty as the world's three largest economies navigate a period of economic and geopolitical flux.
Despite calls for cooperation on issues like climate change and green technology, the summit is expected to yield few concrete deliverables.
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