EU-China Summit Preview
By Teeuwe Mevissen, Senior Macro Strategist at Rabobank
Summary
- EU and China ‘celebrate’ 50 years of diplomatic ties but (trade) tensions have been on the rise
- The upcoming leadership summit is not expected to significantly reverse this trend
- Still, both parties have an interest to not fully escalate and decouple
- China does not benefit from alienating two of its most important trade partners
