No Breakthrough Expected in EU-China Summit
Top EU leaders meet Chinese Premier Li Keqiang this week at a summit in Brussels, but their hopes of winning solid commitments on trade look set for disappointment. Brussels is trying to beef up its approach to the Asian giant as it shows little willingness to listen to longstanding complaints about industrial subsidies and access to its markets, and as fears grow about growing Chinese involvement in European infrastructure. But the half-day summit on Tuesday is on course to fizzle out with little to show in terms of agreements, with European sources saying it looks highly unlikely a final joint statement will be agreed. EU officials say China is unwilling to give binding commitments on their key demands, including the inclusion of industrial subsidies as part of World Trade Organization…