As China and the EU begin crunch trade talks, optimism is in short supply
Observers on both sides are braced for more turbulence – and mainly hope Beijing and Brussels can avoid a full-blown trade conflict.
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Beijing may offer small compromises to calm certain member states and turn them against the Franco-German “rapid response” tool, but such measures would not be enough to solve the wider imbalances in the trade relationship, according to Marc Julienne, director of the Centre for Asian Studies at the French Institute of International Relations.
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“China and Europe are likely to head towards a more intensified trade tit-for-tat situation,” Julienne said, cautioning that for now neither side wanted a trade war.
Director, Center for Asian Studies, Ifri
Read the rest of the article on the South China Morning Post's website.
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