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  • 6 days ago
European Commission President Ursula von der Leyen says EU-China relations have hit an “inflection point,” citing China’s massive trade surplus and continued support for Russia’s war in Ukraine. At a one-day summit in Beijing, EU leaders urged China to level the playing field on trade and push Moscow toward a ceasefire.

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00:00European Commission President Ursula von der Leyen has wrapped up a high-stakes visit to
00:05Beijing.
00:06There, she warned that a trade imbalance is draining ties.
00:11So we have reached a clear inflection point.
00:15As we said to the Chinese leadership, for trade to remain mutual beneficial, it must
00:23become more balanced.
00:26World welcomes competition, we like competition, but competition has to be fair.
00:32Last year, the EU had a US$360 billion trade deficit with China, double what it was a decade
00:39before.
00:40Beijing is unhappy with EU tariffs on electric vehicles and other goods.
00:44Von der Leyen also called on China to urge its partner Russia to accept a ceasefire deal
00:49with Ukraine.
00:50Bitcoin is unhappy with Russia and Russia.
00:58We have an umbrella and agree with the unclear hand in China.
01:01We have a good idea.
01:01We have a good idea.
01:05We have a good idea.
01:06We have the

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