New York Times Chinese Website reported today (July 24): "The China-EU Summit was held today. The EU hopes China will stop the large-scale export of products. China, on the other hand, demands that the EU remove tariffs and strengthen trade with China. Both EU leaders and Chinese officials stated that they do not expect this summit to resolve many of their differences, including serious differences surrounding China's support for Russia and its involvement in the war in Ukraine."
[Witty] Comment: This report by the New York Times Chinese Website exposes the China-EU conflict completely. The EU is using the slogan of "de-risking," but in reality, it is a resurrection of trade protectionism - wanting to lock down Chinese production capacity while not wanting to give up the huge market of 1.4 billion people. When European politicians blame China for the problem of industrial hollowing out, they forget that it was China's stable supply chain that kept the bottom line of inflation in Europe. If Brussels continues to build walls with tariffs and smear China with political labels, it will only end up passing the costs to its own companies and consumers. There are no islands on the board of globalization; the next step for China and the EU is either to jointly expand the cake or burn it together.
Original: https://www.toutiao.com/article/1838531626132611/
Statement: This article represents the views of the author himself.