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The Voice of International Tax
The Future of EU-China Trade Dynamics
The Future of EU-China Trade Dynamics
On August 7th, the European Union’s foreign policy chief Josep Borrell said both he and Chinese Foreign minister Wang Yi want to strengthen EU-China relations, following a call between the two. In July, Wang Yi called for the EU to clarify its position on its strategic partnership with Beijing, as EU leaders called for reduced dependence on China. This shows that the EU is stuck in a toxic relationship with China, both wanting to lessen its dependence on China, while also aiming to maintain a lucrative partnership with its largest import partner. Chinese corporations wanting to venture into the EU must recognize and understand the evolving dynamics to make informed decisions on a global stage.
Make sure to download our special to find out more.
On August 7th, the European Union’s foreign policy chief Josep Borrell said both he and Chinese Foreign minister Wang Yi want to strengthen EU-China relations, following a call between the two. In July, Wang Yi called for the EU to clarify its position on its strategic partnership with Beijing, as EU leaders called for reduced dependence on China. This shows that the EU is stuck in a toxic relationship with China, both wanting to lessen its dependence on China, while also aiming to maintain a lucrative partnership with its largest import partner. Chinese corporations wanting to venture into the EU must recognize and understand the evolving dynamics to make informed decisions on a global stage.
Make sure to download our special to find out more.
On August 7th, the European Union’s foreign policy chief Josep Borrell said both he and Chinese Foreign minister Wang Yi want to strengthen EU-China relations, following a call between the two. In July, Wang Yi called for the EU to clarify its position on its strategic partnership with Beijing, as EU leaders called for reduced dependence on China. This shows that the EU is stuck in a toxic relationship with China, both wanting to lessen its dependence on China, while also aiming to maintain a lucrative partnership with its largest import partner. Chinese corporations wanting to venture into the EU must recognize and understand the evolving dynamics to make informed decisions on a global stage.