China says it is willing to work with EU on ‘global challenges’

by Admin
China says it is willing to work with EU on 'global challenges'

China is willing to work with the European Union on boosting cooperation and responding to “global challenges,” its foreign ministry said on Wednesday, as the bloc faces potential U.S. tariffs on its shipments to the world’s largest economy.

China attaches great importance to EU ties and hopes the bloc will become a reliable cooperation partner, said Lin Jian, spokesperson at the Chinese ministry.

The EU’s trade chief said on Tuesday that the bloc wanted to engage swiftly with the United States over President Donald Trump’s planned tariffs. European Commission President Ursula von der Leyen forecast negotiations with Washington would be tough.

As transatlantic ties come under strain with Trump’s tariff threats, China hawks within the EU such as von der Leyen are showing signs of willingness to rethink the relationship between Beijing and Brussels, a bond that had been tested by trade tensions and China’s ties with Russia.

Speaking in Brussels on Tuesday, von der Leyen said the EU would keep “de-risking” its relationship with China but added that there was room to “find solutions” in their mutual interest and “find agreements” that could even expand trade and investment ties.

She did not give details on what those agreements could be.

In Davos, Switzerland, last month, von der Leyen also said both sides should find solutions of mutual interest.

In October, the EU imposed double-digit tariffs on China-made electric vehicles after an anti-subsidy investigation, in addition to its standard car import duty of 10%. The move drew loud protests from Beijing, which in return, raised market entry barriers for certain EU products such as brandy.

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