Borrell says ‘common trust’ between EU, Beijing has eroded

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Borrell says ‘common trust’ between EU, Beijing has eroded
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The bloc’s foreign policy chief arrived in China for a visit yesterday.

BEIJING: EU foreign policy chief Josep Borrell warned today that “common trust” between the bloc and China had been “eroded”.

Borrell arrived in China yesterday, looking to manage the bloc’s “de-risking” strategy with its largest trading partner while laying the foundations for a planned summit this year. Borrell’s trip, which was postponed twice this year and is expected to last until tomorrow, started in Shanghai with a meeting with European companies on economic and business challenges, described by Borrell as an “inspiring exchange”.

And today he stressed that the trade imbalance between the bloc and China “is not only quantitative, but also qualitative”.

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