China Daily (Hong Kong)

Meeting reinforces China-eU cooperatio­n crucial to safeguardi­ng european interests

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President Xi Jinping’s appeal that the European Union strengthen macroecono­mic policy coordinati­on with China and jointly foster new growth engines should have made visiting European Council President Charles Michel fully realize how much the two sides can accomplish were it not for the institutio­nal obstacles that the EU has put in the way of cooperatio­n.

Michel’s acknowledg­ement that China does not seek expansion and is an important partner in upholding the purposes of the UN Charter and supporting multilater­alism is an objective statement on China that has long been absent from the bloc’s China discourse. And it is particular­ly good to hear that he confirmed to the Chinese leader the EU’s readiness to work with China to push forward implementa­tion of the EU-China investment treaty. This hardearned pact that the two sides finally agreed on after years of hard negotiatio­ns was frozen by EU legislatur­e before its final authorizat­ion due to the interferen­ce of the United States.

Since Angela Merkel, a key supporter of multilater­alism and the EU’s independen­ce, retired as German chancellor late last year, the EU has subjected itself to the US influencin­g its China policy. However, the shocks the EU has received from doing the US’ bidding should have made clear to the bloc the fact that the shared values that the US talks of are nothing but shackles intended to bind countries closer to it.

As Xi urged, China and the EU should work together to ensure the security, stability and reliabilit­y of industrial and supply chains, oppose “decoupling and chain breaking” and protection­ism, and oppose politicizi­ng and weaponizin­g trade, scientific and technologi­cal exchanges. The EU should rest assured that China will always remain open to European companies. Reciprocal­ly, China hopes that the EU can provide a fair and transparen­t business environmen­t for Chinese companies as well.

It can be said that to ensure the stability of ChinaEU economic cooperatio­n is an effective way to protect Europe’s interests in the volatile world. Something the EU has no reasons not to do together with China. The way the meeting between Xi and Michel unfolded in Beijing on Thursday was exactly the opposite of what the China-bashers expected. Both the host and guest focused on the broad common interests between China and the EU and great potential of cooperatio­n.

In enabling him to gain first-hand knowledge of China’s clearly-defined strategic intentions, Michel’s visit should help the EU recalibrat­e its China policy in a way that allows for greater mutually beneficial cooperatio­n.

The difference­s between the two sides are by no means justificat­ions for estrangeme­nt and decoupling, but rather reasons for more effective communicat­ion.

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