EU Leaders Will Call for Rebalancing Relationship With China
- Europe is rethinking how it will deal with China’s rise
- Brussels to express serious concern over human rights
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European Union leaders will on Thursday call for an economic rebalancing with China and greater reciprocity between the two sides, part of a rethink by Brussels over how to engage with the world’s second-largest economy.
EU leaders will also reiterate at a summit in Brussels the goal of finalizing by the end of this year negotiations for an “ambitious” EU-China Comprehensive Investment Agreement that would address “current asymmetries in market access, ensures a level playing field, and establishes meaningful commitments on sustainable development,” according to a draft of a joint communique seen by Bloomberg that is subject to changes.