Xi Jinping’s European Odyssey: Navigating Tensions and Exploring Opportunities
Europe’s Mixed Sentiments towards China
Chinese President Xi Jinping’s recent European tour came amidst a complex landscape of diplomatic challenges and economic opportunities. Europe remains divided in its approach to China’s growing influence and the escalating rivalry between Beijing and Washington.
On one hand, China’s rapidly expanding electric vehicle industry is encroaching on the market share of European automakers. Additionally, fears of Chinese espionage in European capitals have raised diplomatic concerns. Beijing’s ongoing trade ties with Russia also worry nations supporting war-torn Ukraine.
Bridging the Divide: Xi’s Diplomatic Mission
Despite these tensions, China and Europe maintain strong economic ties, with a daily EU-China trade volume estimated at an impressive 2.3 billion euros. President Xi’s visit aimed to rebuild and bolster relations with European leaders after a period of absence due to the COVID-19 pandemic.
Starting his tour in France, a nation striving for greater economic and strategic independence from world powers, Xi extended his trip to Serbia and Hungary, known for their China-friendly stance and close ties to Russian President Vladimir Putin. These countries have also received substantial Chinese investment.
Washington’s Watchful Eye
Washington closely monitored Xi’s European visit for indications of waning support for its foreign policy initiatives. Simultaneously, Europe grapples with growing uncertainties regarding future U.S. backing for its trans-Atlantic allies.
Protests in Paris, organized by groups advocating for Tibetan and Uyghur rights, greeted Xi’s arrival at Orly Airport. Activists unfurled banners and demonstrated in the French capital as Xi’s aircraft descended.
France: Honoring a State Visit
On Monday, Xi received a formal state visit, complete with full honors, from French President Emmanuel Macron. They convened with Ursula von der Leyen, President of the European Commission, who echoed Macron’s sentiments by advocating for fairer trade policies and China’s influence on Russia to promote peace in Ukraine.
Challenges in the Ukraine Conflict
The EU initiated an investigation into China’s subsidies, potentially resulting in tariffs on Chinese-made electric car imports. China maintains a semblance of neutrality in the Ukraine conflict, refraining from condemning Russia’s invasion and facing allegations of supporting Russia’s weapons production capacity.
As Xi Jinping continues his diplomatic tour, Europe faces a delicate balancing act between fostering economic cooperation with China and addressing ongoing concerns related to its influence and its stance on the Russia-Ukraine conflict.
Data sourced from: cnbc.com
