The European Union and China are set to hold a high-level summit in Beijing, marking 50 years of diplomatic relations amid escalating trade disputes and strategic mistrust. Expectations for the summit are low, with both sides facing deep divisions over issues such as trade imbalances, raw materials, and differing stances on global affairs like Russia's war in Ukraine. European businesses are caught in the crossfire, worried about the impact of deteriorating relations on their operations. The summit, shortened and moved to Beijing, highlights the challenges in finding common ground as both sides seek to protect their interests. Despite calls for cooperation, the meeting is expected to yield few breakthroughs, reflecting the current frostiness in EU-China relations.
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