Wang Yi in Europe

CGTN Europe spoke to Adam Dunnett Secretary General of EU Chamber of Commerce in China

Transcript

00:00Well, Adam Dunn is Secretary General of the EU Chamber of Commerce in China.

00:06I mean, this is a high level of visit.

00:09So visits of this nature, obviously a lot of work and preparation goes into it.

00:14Both Wang Yi and Caius have met each other before,

00:18so there's some familiarity when they saw each other in February.

00:21But this is an important lead up to the EU-China summit that's taking place next month as well.

00:27So it helps set the groundwork for that meeting.

00:30And then, of course, from a geopolitical point of view,

00:33many of the issues that I expect for them to be discussing are very important to both EU and China as well.

00:39The China-EU relationship hasn't been terribly robust for a good time now.

00:44Where are we, would you say, in this relationship just at this moment?

00:50Well, I mean, to be honest, we're at a, people might call it a crossroads.

00:54We're in a difficult place, to be honest.

00:56There's a whole slew of issues that the EU business community has,

01:00and in particular, I'd say the EU Commission, more than anything else right now, has with China.

01:06Obviously, there's the trade deficit, there's market access issues, procurement.

01:10And probably the biggest issue that we're facing, our members here,

01:13the most acute issue at this moment, is export controls on rare earths and magnets,

01:19which are essential for European production in Europe and elsewhere around the world, for that matter.

01:24What does the EU want out of this visit?

01:27The EU Commission?

01:31I mean, I think for this specific visit, again, because they're going to be talking about a lot of, you know,

01:36security and geopolitical issues, I would say the number one issue has to be Ukraine.

01:42For the EU, let's be clear, this is an existential issue.

01:46It's been going on for over three years.

01:48I think there isn't the level of understanding in China about how important this is for Ukraine and for the rest of Europe.

01:55So I think anything that could improve the situation there would be the number one outcome that the EU is looking for.

02:02And then secondly, the trade deficit, the mounting trade deficit,

02:07is still a very, very important issue for people back in the EU and for businesses there.

02:13And then let's make sure that it's no range of the help of the EU.

02:19However, what happened용 can be said.

02:21So, we have a deep differentiated one make a piece of time around the EU to get them yourself.

02:23The US to achieve this comes to have this scheme of data,

02:25and we've been able to really appreciate that the EU of the EU momentos where the EU looks like on the EU,

02:29and that we don'taton model how big, you know,

02:32the EU underbeing.

02:33There is no way to Lucifer.

02:34What is the EU market effort on the EU market that we can imagine around the EU market rather than this has been around the EU.

02:38zw置 Things in a tutte, then we don't even have this channel information around it.