Index Investing News
Saturday, December 27, 2025
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

The malaise of multilateralism

The malaise of multilateralism

by Index Investing News
December 26, 2025
0

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the...

It’s A Google Drawback – The Large Image

It’s A Google Drawback – The Large Image

by Index Investing News
December 22, 2025
0

    So let’s say you wish to purchase a live performance ticket. You search in Google and also you...

Sam’s Hyperlinks: Vacation Version

Sam’s Hyperlinks: Vacation Version

by Index Investing News
December 14, 2025
0

Sam works on innovation coverage at Progress Eire, an unbiased coverage suppose tank in Dublin, and runs a publication referred...

No matter Occurred to NFTs?

No matter Occurred to NFTs?

by Index Investing News
December 10, 2025
0

    Final week’s Sturgeon’s Corollary generated a little bit of pushback. Probably the most related questions have been about...

Housing: Provide vs. Amount – Econlib

Housing: Provide vs. Amount – Econlib

by Index Investing News
December 6, 2025
0

If there’s one factor we are able to depend on in America, it’s that our elected officers will see an...

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

12 Ways To Make Passive Income From Real Estate Investing

12 Ways To Make Passive Income From Real Estate Investing

October 17, 2022
China’s Xi Jinping secured his third term in power and quashed dissent

China’s Xi Jinping secured his third term in power and quashed dissent

October 24, 2022
How to pick an architect and how to manage the build

How to pick an architect and how to manage the build

December 25, 2023
Does Householders Insurance coverage Cowl Roof Leaks?

Does Householders Insurance coverage Cowl Roof Leaks?

July 27, 2022
Did a Dem fink on Biden, Powell’s climate double talk

Did a Dem fink on Biden, Powell’s climate double talk

January 17, 2023
Every Day Is Tax Day: Five Tax Strategies for HNW Clients

Every Day Is Tax Day: Five Tax Strategies for HNW Clients

December 9, 2022
‘AI Tools Will Provide Very Interesting Enhancements for the Metaverse’ — Upland Co-Founder – Interview Bitcoin News

‘AI Tools Will Provide Very Interesting Enhancements for the Metaverse’ — Upland Co-Founder – Interview Bitcoin News

April 1, 2023
Keep targeted on home fundamentals; no have to react to each US macro transfer: Sandip Sabharwal

Keep targeted on home fundamentals; no have to react to each US macro transfer: Sandip Sabharwal

May 23, 2025
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