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EUCO Adopts China Conclusions On De-Risking, Taiwan And Ukraine
(MNI) London - The European Council has adopted its latest conclusions on the EU-China relationship . The conclusions "reaffirmed the EU's multifaceted policy approach towards China, where it is simultaneously a partner, a competitor and a systemic rival."
- "The EU and China continue to be important trade and economic partners. The EU will seek to ensure a level playing field [...] the EU will continue to reduce critical dependencies and vulnerabilities, including in its supply chains, and will de-risk and diversify where necessary and appropriate. The EU does not intend to decouple or to turn inwards."
- "...the European Council calls on China to press Russia to stop its war of aggression, and immediately, completely, and unconditionally withdraw its troops from Ukraine."
- "The EU is concerned about growing tensions in the Taiwan Strait. The European Council opposes any unilateral attempts to change the status quo by force or coercion."
- In comparison to the inability of EU leaders to reach an agreement on migration following lengthy discussions on 29 June, the China conclusions were seemingly adopted after only brief talks suggesting little dissent among any member states.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.