Chinese and European Union leaders are meeting in Beijing for a high-stakes summit marking the 50th anniversary of diplomatic relations, but the mood is tense due to escalating trade frictions and strategic mistrust.
Both sides are grappling with the fallout from U.S. trade policies and tariffs, which have complicated efforts to reset or improve ties. Expectations for significant breakthroughs are low, as longstanding grievances over trade imbalances, critical minerals, and China's support for Russia persist. European businesses are caught in the crossfire, facing uncertainty as the world's three largest economies—China, the EU, and the U.S.—navigate an increasingly contentious global landscape.
The summit underscores the challenges of cooperation in a climate of mutual suspicion and external pressure.
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