China and Europe's top leaders are set to meet on Friday, as their vast and growing trade relationship threatens to be overshadowed by differences over Russia and other geopolitical tensions
At the virtual EU-China summit, Beijing is expected to face pressure from one of its top trading partners over the war in Ukraine, which will be the main focus of the talks, according to the European Union. Chinese President Xi Jingping and Premier Li Keqiang will also discuss business ties, human rights and climate change with European Council President Charles Michel and Ursula Von der Leyen, president of the European Commission.Europe trades more goods with China than anyone else.
Shipping containers stacked at Lianyungang Port on March 31, 2022 in Lianyungang, Jiangsu Province of China. In 2021, the trend continued: Overall China-EU trade in goods reached €695.5 billion , compared with €631.4 billion in US-EU trade.China was the number one source of EU imports and the third largest destination of EU exports, after the United States and United Kingdom, according to Eurostat.
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