The upcoming EU-China summit has been shortened to a single day, indicating a lack of commitment from Beijing. The summit, marking 50 years of diplomatic relations, was previously moved from Brussels to Beijing amid declining participation from Chinese leadership. The EU faces a significant trade deficit with China, attributed to restrictive market access for European businesses and supportive policies for Chinese domestic producers. These issues have resulted in the dumping of affordable electric vehicles in Europe, raising concerns of deindustrialization without protective measures for the EU auto sector.
"This is another sign of Beijing's limited willingness and ambition to engage with the Europeans," Alicja Bachulska, policy fellow at the ECFR, remarked on the EU-China summit.
"The scale of China's economy - the scale of subsidies, overcapacity and government intervention - is immense," Bachulska stated, warning the EU of potential deindustrialization.
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