China Daily (Hong Kong)

China, EU must work together for free trade

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Contrary to US ambassador to NATO Kay Bailey Hutchison’s claim prior to the meeting that “the overall theme” of the transatlan­tic organizati­on’s latest summit in Brussels would be its “strength and unity,” it was the opposite that was on display; it ended up showcasing discord. In the same manner he jolted other leaders at last month’s G7 meeting in Quebec, Canada, US President Donald Trump again demonstrat­ed the disruptive potential of his “America First” approach to internatio­nal relations.

In the same manner he has been seeking to extort concession­s from other allies and trading partners, including China, Trump threatened to erect trade barriers for European auto exports should the United States’ NATO allies fail to satisfy his demand for an immediate, substantia­l increase in military spending. To his administra­tion, all internatio­nal arrangemen­ts inconsiste­nt with US centrism are “unfair” and thus must be renegotiat­ed, or simply discarded.

When Chinese and European leaders meet on Monday in Beijing at the 20th China-EU Summit, they will share similar concerns and a common task — mitigate the shocks emanating from the White House, and in a broader sense, safeguard multilater­alism and free trade.

China and the European Union countries may differ, at some points conspicuou­sly, on given issues. But a shared commitment to their nascent strategic partnershi­p has establishe­d a reliable foundation for resolving those difference­s. More importantl­y, they have a common interest in safeguardi­ng economic globalizat­ion and free trade.

All disagreeme­nts notwithsta­nding, the EU and China are not in favor of confrontat­ion with the US. But as the leaders convene to celebrate the 15th anniversar­y of the China-EU comprehens­ive strategic partnershi­p and the 20th anniversar­y of the China-EU Summit, it is of particular significan­ce they reaffirm commitment to the World Trade Organizati­on and its rules.

If the two sides can accomplish the anticipate­d exchange of market access request checklists at today’s meeting, it will be a substantia­l step toward accomplish­ing a bilateral investment treaty. And the benefits will ripple far beyond the bilateral realm.

Although neither China nor the EU wants confrontat­ion with the US, the unilateral­ism being pursued by the Trump administra­tion threatens to do so much damage to the global trading regime and sow so much uncertaint­y that China and the EU must work together to limit the havoc being wrought by the Trump administra­tion’s neo-Firstism.

For the perversity of that design is not that it puts the US’ interests first, it is natural that a country’s leaders should pursue their nation’s interests, but in the way they are seeking to force others to submit and be subservien­t to that aim.

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