A main goal of the recent EU-China summit was a trade deal. China urgently needs one but will not – and cannot – offer the truly level playing field Europe requires. That would challenge its economic and political control at home. Europe has real bargaining power and must insist on political, not just economic, concessions. China may be prepared to make some, but if they are not forthcoming, Europe should walk away. Doing so would help address systemic problems and challenges between China and the world.
Take-Aways from the Leaders’ Meeting