EU-China ties acquire a new dimension
China DailyEuropean Union flags flutter outside the European Commission headquarters in Brussels, Belgium, March 24, 2021. Having previously enjoyed good relations with booming trade and economic exchanges, China and the EU might want to work on issues of common interest, in order to resolve the existing differences and disparities. With economic globalization facing many challenges, including unilateralism and trade protectionism, international uncertainties have increased and the situation may remain the same until the next European Parliament elections in mid-2024 followed by the US presidential election six months later. And since the economic and trade strategies of China, the EU and the US will be conditioned by geopolitics, concerted diplomatic efforts will be needed to protect globalization and maintain global free trade. A former European Commission official who knows the advantages of China-EU cooperation has said that relations between the two sides will depend on China's stance on the Ukraine crisis.