European Union leaders met with Chinese President Xi Jinping and Premier Li Qiang in Beijing for the 25th EU-China summit, marking 50 years of diplomatic relations. The summit was dominated by concerns over trade imbalances, with EU Commission President Ursula von der Leyen calling for a 'rebalancing' of economic ties and warning that relations are at an 'inflection point.' Both sides discussed contentious issues such as China's trade practices, the war in Ukraine, and cooperation on climate change, with expectations for major breakthroughs remaining low. Despite the tense atmosphere, the EU and China aimed to issue a joint statement on climate action, signaling some willingness to cooperate on global challenges. The summit highlighted the complex and often fraught relationship between two of the world's largest economies, as they navigate both competition and the need for collaboration.
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