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China hopes EU can be 'trustworthy' cooperation partner, Xi says

  • China's President Xi Jinping expressed hope that the European Union can be a 'trustworthy' cooperation partner during a call with European Council President Antonio Costa on January 14.
  • Xi stated that economic and trade cooperation between China and the EU is complementary and mutually beneficial.
  • Tensions exist between China and the EU over tariffs on Chinese electric vehicles, as well as ongoing trade disputes with the US.
  • China's Commerce Ministry criticized new US regulations on technology exports, urging global tech industries to resist 'technological hegemony' from the Biden Administration.
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