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EU-China Summit Preview

Tyler Durden's Photo
by Tyler Durden
Authored...

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