Europe is open to China but must “rebalance” its relationship with China in order to not be too dependent on China in areas like innovative technology. Charles Michel, president, European Council, stated that
Michel stated Monday’s meeting (14 November) between U.S. President Joe Biden and Xi Jinping was significant in that there is a choice to fight but not a systemic war.
Michel stated that Europe would engage with China despite differences at a press conference before attending the G20 leaders summit.
He stated that Europe shouldn’t repeat the mistakes it made in relying too heavily upon Russia for its fossil fuels.
He stated that China was not dependent too much on us to provide the technology we need right now and in the future. “That’s why it’s important to rebalance the relationship and engage with China authorities.”
After an Indonesian pitch, the hosts country, the leaders of Group of 20 major economic economies (G20) opened talks in Bali on Tuesday. They will discuss how to help the global economy recover from the deep rifts created by the conflict in Ukraine.
Michel stated that Europe should use the G20 meeting to press Russia to end the global food and energy crises. This is an indication of how difficult it can be to reach an agreement among the leaders.
He stated that officials had reached a consensus on Monday night regarding the text communique, which he called “positive”. However, leaders would need to confirm that such communique was valid.
The G20 ministers meeting failed to produce joint communiques due to disagreements between Russia, Ukraine and other members.
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