Index Investing News
Friday, March 13, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Borrell calls on China to treat EU as a ‘geopolitical power’ in its own right

by Index Investing News
October 14, 2023
in Economy
Reading Time: 2 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

The EU has called on China to take it seriously as a geopolitical power in its own right rather than look at the bloc “through the lens” of its ties with third powers, in a veiled reference to accusations from Beijing officials that Brussels follows the US on security issues. 

Speaking during his first visit to Beijing since the pandemic, the EU’s chief diplomat Josep Borrell also warned his Chinese counterparts on the growing trade surplus between China and the EU, saying that it could lead to demands for “more drastic protectionist measures” from European voters.

“The war in Ukraine has converted us into a geopolitical power, not just an economic one,” Borrell told reporters in Beijing on Saturday at the end of the visit, during which he met China’s foreign minister Wang Yi.

“And we want to talk with China from this approach: don’t look at European Union relations through the lens of relations with others.”

Borrell’s trip comes as Beijing seeks to place its relations with Europe on a firmer footing to offset growing rivalry with the US, which has introduced measures to crackdown on the sale of advanced technology to China. 

But Beijing is furious that Europe is also placing restrictions on the export of some advanced semiconductor technology, which will hit China, after pressure from the US,

Wu Hongbo, Beijing’s special representative on European affairs, last month told a meeting of ambassadors from the bloc that it should be up to European countries and companies “to decide what to sell to China — it should not be a decision made by someone else across the Atlantic Ocean”.

“Europe takes China very, very seriously,” Borrell said, adding it expected the same from Beijing.

Borrell said China’s trade surplus with Europe, which reached nearly €396bn last year, could not be justified based purely on productivity issues or a greater competitive advantage. It probably had more to do with poor market access for the bloc’s countries to the world’s second-largest economy.

In a speech on Friday at Beijing’s prestigious Peking University, he said with EU elections next year, the trade imbalance threatened to become an important issue.

“If the public concludes that the trade imbalance with China is so great as to endanger key sectors, or place our transition towards climate neutrality at risk, it will demand more drastic protectionist measures,” he said.

“Since our leaders are elected, they are naturally sensitive to what their voters want.”

In other remarks, he said he also called on China to use its influence with Moscow to persuade Russia to rejoin the Black Sea grain deal with Ukraine to avoid another food crisis.

Russia pulled out of the deal in July after complaining that, since the UN and Turkey first brokered the deal last year, western sanctions had held up a parallel agreement to allow payments, insurance and shipping for Moscow’s own agricultural exports.



Source link

Tags: BorrellcallsChinaGeopoliticalPowertreat
ShareTweetShareShare
Previous Post

Ferrari to accept crypto as payment for its cars in the US By Reuters

Next Post

Barbaric Hamas terrorism strengthens Israeli right to defend itself

Related Posts

At The Money: Pursuing Alpha through Exchange-Traded Funds

At The Money: Pursuing Alpha through Exchange-Traded Funds

by Index Investing News
March 12, 2026
0

     At The Money: Finding Alpha via Unique ETF Strategies  (March 12, 2026) If you want market performance...

EconLog Price Theory: Housing Quantity and Price

EconLog Price Theory: Housing Quantity and Price

by Index Investing News
March 8, 2026
0

This is the latest in our series of posts in our series on price theory problems with Professor Bryan Cutsinger....

Paul Krugman in Conversation with Barry Ritholtz

Paul Krugman in Conversation with Barry Ritholtz

by Index Investing News
March 4, 2026
0

https://www.youtube.com/watch?v=M5eIwNMG8A4https://www.youtube.com/watch?v=M5eIwNMG8A4   I always have fun chatting with Paulie. I always find it amusing to be on the other side...

Sam’s Links: February Edition – Econlib

Sam’s Links: February Edition – Econlib

by Index Investing News
February 28, 2026
0

Sam Enright works on innovation policy at Progress Ireland, an independent policy think tank in Dublin, and runs a publication...

Transcript: Hilary Allen on Fintech Dystopia

Transcript: Hilary Allen on Fintech Dystopia

by Index Investing News
February 24, 2026
0

https://www.youtube.com/watch?v=NSFAIakPdmohttps://www.youtube.com/watch?v=NSFAIakPdmo     The transcript from this week’s, MiB: Hilary Allen on Fintech Dystopia, is below. You can stream and...

Next Post
Barbaric Hamas terrorism strengthens Israeli right to defend itself

Barbaric Hamas terrorism strengthens Israeli right to defend itself

India Inc revenues to rise 8-10% in Q2, profit margins to also expand: Crisil

India Inc revenues to rise 8-10% in Q2, profit margins to also expand: Crisil

RECOMMENDED

Dossche Holdings Sells 2 in Atlanta for 7M

Dossche Holdings Sells 2 in Atlanta for $117M

May 3, 2025
Real Components shares tumble over 9% as Q3 earnings miss estimates, steering slashed By Investing.com

Real Components shares tumble over 9% as Q3 earnings miss estimates, steering slashed By Investing.com

October 22, 2024
A Second-Order Examination of Unintended Penalties

A Second-Order Examination of Unintended Penalties

August 13, 2024
Trump Launches his Own NFT Collection

Trump Launches his Own NFT Collection

December 19, 2022
Fitch warns it may be forced to downgrade multiple banks, including JPMorgan: Report

Fitch warns it may be forced to downgrade multiple banks, including JPMorgan: Report

August 15, 2023
Feds assist well being insurers conceal soiled secret: rising denials

Feds assist well being insurers conceal soiled secret: rising denials

December 13, 2024
Geopolitics has speeded up the race to launch CBDCs

Geopolitics has speeded up the race to launch CBDCs

October 23, 2022
Trump And Haley’s Election Battle Forecasts Defense Industry Trends

Trump And Haley’s Election Battle Forecasts Defense Industry Trends

January 23, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In