China’s Xi Jinping Visits Eastern Europe as EU Hardens Line on Trade

Chinese President Xi Jinping continued to highlight his nation’s political and economic ties with eastern Europe as he arrived in Hungary. His visit comes amid tension between Beijing and Brussels, with some EU leaders accusing China of flooding their markets with cheap exports. Rebecca Choong Wilkins reports on Bloomberg Television.
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One thought on “China’s Xi Jinping Visits Eastern Europe as EU Hardens Line on Trade

  1. Countries now are smart enough to know about China 🇨🇳.
    He can’t fool others anymore.

  2. To normalize relationships with the EU 🇪🇺, China needs to:
    – cancel the “No Limits” agreement with Russia,
    – stop undermining EU sanctions against Russia,
    – talk with Taiwan president-elect Lai Ching-te on an equal basis,
    – open independently a study into Wuhan pandemic,
    *- stop atrocity of Tibetans and Uyghurs,*
    – obey the Hague Tribunal 2016’s decision on the SCS,
    – Leave European intellectual properties alone, and
    *- stop unfair overcapacity exports to EU.*

    1. You will be very disappointed since you are too far from reality. It is China that is dictating the world not the other way around.

    2. You are living far from the realities. It is China that dictates the world not the other way around.

    3. You seem disconnected from the true state of affairs. In today’s global landscape, it’s China that holds sway over the world, not the reverse.

  3. The idea that Hungary can be leveraged to drive a wedge within major European powers is laughable. Hungary is 1/100th of Europe’s GDP, 1/50th of its population and ranks and the lower end of GDP/capita. More so, they were groveling to get funds from the EU, and that why Orban finally allowed Sweden into NATO. Yeah, real leverage

    1. No. Hungary can obstruct due to a zero-sum voting system in the EU. Also importing into Hungary will allow the cars to flood into the EU anyway. Hungary’s economy being weaker isn’t the point. Did you not listen?

    2. @@zenster1097 The idea that Hungary could be a backdoor for subsidized Chinese cars is far-fetched—let’s be real. The EU would shut that down swiftly—just look at how fierce the EU has been, even with American companies. Hungary thinks it can play bully with the EU’s zero-sum voting system… but then again, it’s already been threatened with Article 50.

    3. @@zenster1097 Hungary is an independent country, let it decide what it thinks is best for its people.

  4. It’s a waste of time for Xi begging the poorest nations in EU for money. These poorest EU countries also need money.

  5. It doesn’t have the potential to impede that transformation given that it is intended first and foremost for its internal market. Reduce economic reliance on real estate and create new industries. In any case even without the trade probes some industries in China will face a round of consolidation, it is very likely that a lot of ev makers will bankrupt in the next two years, the same for battery makers and the same for solar panels makers. The government is actually aware of that, of course you could blame them for not actively reorganizing some industries by encouraging mergers and acquisitions and the elimination of smaller actors. Finally they seem to want to boost domestic demand, the question is how they will be able to do it.

    1. Lower tiered EVs sell out like hotcakes in Asia. Don’t worry about their overcapacity😊 in 2 years you would see flying EV like first operational maglev sky train..

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