In view of China’s desire for power, there are efforts in the West to reduce economic dependencies on China. Meanwhile, the People’s Republic hopes for a “discrimination-free environment”.
China called for more cooperation with the European Union at the G20 summit in India. China and Europe, as the two main drivers of global development, should cooperate even more closely, said Chinese Prime Minister Li Qiang yesterday in New Delhi in a conversation with EU Commission President Ursula von der Leyen. China’s state news agency Xinhua reported that night from the meeting on the sidelines of the summit of important industrialized and emerging countries.
China stands ready to work with Europe to host an EU-China summit this year and strengthen mutual trust, Li said, according to the report. The development of the People’s Republic holds opportunities and no risks for Europe and the world. China hopes that the EU will uphold its free-market principles and fair competition, thereby providing a “non-discriminatory environment” for Chinese companies wanting to invest in Europe, Li said.
Observers see China increasingly isolated
China faces tougher challenges in global competition. Some observers see the country as increasingly isolated – given, among other things, China’s desire for power, there are efforts in the West to reduce economic dependencies.
Number two traveled to the G20 summit with Li – head of state Xi Jinping was represented by him. Before the meeting, the Foreign Ministry in Beijing emphasized several times that China attached “great importance” to the G20 format.
There is increasingly fierce competition and political conflicts between G20 host India and the world’s second largest economy. China and the USA are also engaged in a trade dispute in which Chinese companies have been subject to sanctions. The ship and train project announced yesterday between the EU, the USA and other partners is also likely to be a thorn in the side of the Chinese. The project is also seen as a response to China’s “New Silk Road” – an initiative with which the country is investing in infrastructure in numerous countries.
Source: Stern
I have been working in the news industry for over 6 years, first as a reporter and now as an editor. I have covered politics extensively, and my work has appeared in major newspapers and online news outlets around the world. In addition to my writing, I also contribute regularly to 24 Hours World.
