Europe’s decision to place a carbon charge on all incoming flights will be just one of a number of tricky issues dominating this week’s EU-China summit. Beijing strongly opposes the levy and has banned its airlines from joining the scheme.
Iran and Syria are also likely to feature in talks. European leaders are sure to want assurances that China will not buy Tehran’s surplus oil once an EU embargo kicks in. If that was not enough, the backdrop to the summit remains Europe’s on-going debt crisis.
Hua Chunying from China’s Foreign Ministry said: “We are still lacking a high level of understanding and trust. I notice there are some suspicions from different voices on the EU side towards China’s rescue of the euro. We know that there are some (who are) demanding that China should do more to help Europe, while there are some saying: ‘Is China coming to buy up Europe?’ So, we are quite careful.”
But could Beijing really ride to Europe’s rescue by pumping cash into eurozone bailout funds? It seems some EU officials are pushing for more Chinese support even if they may have concerns.
“We expect China to behave in a way which would be compatible with its own objective interests and praising the way in which Europe still represents an important destination for its exports since China would like very much to keep and expand the level of our trade and economic relations,” said Viorel Isticioaia Budura, the EU’s Director for the Asia-Pacific region.
For its part, Beijing continues to say it has no intention of ‘‘buying up’‘ a debt-ridden Europe even if believes the bloc’s economic problems have reached a “critical juncture”.
To get more insight on the summit between European and Chinese leaders euronews spoke to Professor Martin Jacques, author of ‘When China rules the world’.
To see the full interview, click on the link above.
Copyright © 2014 euronewsMore about:
- 1#ن: How an Arabic letter was reclaimed to support Iraq’s persecuted Christians | euronews, world news
- 2Ellen MacArthur: making waves on a journey to a circular economy | euronews, the global conversation
- 3Japan sounds bluefin warning, calls for 50% catch cut | euronews, world news
- 4Israel announces it will seize 400 acres in West Bank | euronews, world news
- 5Hoverbike on the horizon | euronews, hi-tech
- 6China executes eight Muslims convicted of terrorism | euronews, world news
- 7Putin T-Shirts flying off the shelves at Moscow megastore | euronews, world news
- 8Everything you need to know about the Ebola virus | euronews, world news
- 9Ukraine accuses Russian aid convoy of stealing factory equipment | euronews, world news
- 10Massive Swedish forest fire is declared a national emergency | euronews, world news
- 11EU leaders name Donald Tusk European Council president | euronews, world news
- 12Man, 27, fails in suicide bid after tigers reject chance to eat him | euronews, world news
- 13Risk of fresh ash cloud threatens European air travel | euronews, world news
- 14Canada sends hilarious barb to Russia over Ukraine ‘incursions’ | euronews, world news
- 15Iceland warns Europe’s airlines of possible volcanic eruption | euronews, world news
- 16Beyond the subconscious | euronews, futuris
- 17Bardarbunga volcano in Iceland continues to rumble | euronews, world news
- 18Poland wants compensation from the EU for Russian import ban | euronews, world news
- 19EU’s Russia sanctions doing more harm than good says Hungary’s PM Orban | euronews, world news
- 20Greek farmers suffer in economic war between Russia and EU | euronews, economy