China’s Xi declines EU invitation to anniversary summit, FT reports

China’s Xi declines EU invitation to anniversary summit, FT reports


Chinese President Xi Jinping adjusts his jacket as he listens at the opening session of the National People’s Congress, or NPC, at the Great Hall of the People on March 5, 2025 in Beijing, China. 

Kevin Frayer | Getty Images

Chinese President Xi Jinping has declined an invitation to visit Brussels for a summit to mark the 50th anniversary of EU-China diplomatic ties, the Financial Times reported on Sunday.

Beijing told EU officials that Premier Li Qiang would meet the presidents of the European Council and Commission instead of Xi, the FT said, citing two people familiar with the matter whom it did not identify.

The Chinese premier usually attends the summit when it is held in Brussels, while the president hosts it in Beijing, but the EU wants Xi to attend to commemorate half a century of relations between Beijing and the bloc, the newspaper said.

Tensions between Brussels and Beijing have grown since Russia’s invasion of Ukraine in 2022, with the EU accusing China of backing the Kremlin, the FT said.

Last year, the European Union also imposed tariffs on Chinese electric vehicle imports.

China’s Foreign Ministry and the EU did not immediately respond to Reuters requests for comment.

“Informal discussions are ongoing, both about setting the date for the EU-China summit this year and the level of representation,” an EU official told the newspaper, while the Chinese ministry was quoted as saying it did not have any information to provide on the matter.

China, the world’s second-biggest economy, and the EU, its third-largest, spent most of 2024 exchanging barbs over allegations of overcapacity, illegal subsidies and dumping in each other’s markets.

In October, the EU imposed double-digit tariffs on China-made electric vehicles after an anti-subsidy investigation, in addition to its standard car import duty of 10%. The move drew loud protests from Beijing, which in return, raised market entry barriers for certain EU products such as brandy.



Source

Why Russia hasn’t reacted to Trump’s Greenland takeover bid
World

Why Russia hasn’t reacted to Trump’s Greenland takeover bid

U.S. President Donald Trump welcomes Russian President Vladimir Putin to Joint Base Elmendorf-Richardson on August 15, 2025 in Anchorage, Alaska. Contributor | Getty Images News | Getty Images When U.S. President Donald Trump said the U.S. had to take over Greenland as a matter of national security, saying Chinese and Russian ships were “all over […]

Read More
Defense stocks surge after Trump calls for .5 trillion military budget in 2027
World

Defense stocks surge after Trump calls for $1.5 trillion military budget in 2027

Global defense stocks rallied on Thursday, extending gains after U.S. President Donald Trump called for a $1.5 trillion defense budget in 2027. “After the long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives, I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our […]

Read More
European defense stocks extend rally amid geopolitical tensions; Leonardo, Renk jump 4%
World

European defense stocks extend rally amid geopolitical tensions; Leonardo, Renk jump 4%

LONDON — European stocks were in negative territory at the opening bell on Thursday as market nerves linger over U.S. President Donald Trump’s threat to annex Greenland. The pan-European Stoxx 600 was last seen almost 0.3% lower. Global markets have been focused on rising geopolitical tensions this week after the U.S.’ deposing last weekend of […]

Read More