US EditionXi Pitches Closer Ties to Spanish King as Madrid Courts Chinese
Spain marks 20 years of strategic partnership with China by signing investment deals and targeting $50 billion in annual bilateral trade, focusing on renewable energy and electric vehicles.
- A four-day state visit began on November 10, with King Felipe VI of Spain holding meetings with Xi Jinping, Li Qiang, and Zhao Leji in Beijing after starting in Chengdu with a Spain-China Business Forum.
- The trip is designed to further strengthen economic cooperation and reinforce the Spain-China Comprehensive Strategic Partnership on its 20th anniversary this year, while Madrid aims to deepen economic ties by signing investment deals.
- Spain is pushing to boost exports of high-value agri-foods even as pork exports—about 1.2—face retaliatory tariffs of 62.4%, while bilateral trade exceeds $50 billion annually.
- Xi told Felipe `China stands ready to work hand in hand with Spain to build a comprehensive strategic partnership` and CCTV said they attended a document signing ceremony after talks.
- The visit occurs amid rising political tension and trade friction between the European Union and China, as China proposes resuming investment talks frozen since 2021 amid electric vehicle disputes, while Spain's courtship draws a US warning likening closer ties to 'cutting your own throat'.
17 Articles
17 Articles
Beijing and Madrid build partnership despite China-EU tensions
Xi pitches closer ties to Spanish king as Madrid courts Chinese investment
BEIJING - China's President Xi Jinping told Spain's King Felipe on Wednesday that the world's second-largest economy seeks to work with Madrid to boost the global influence of both nations, as the heads of state met in Beijing ahead of a signing ceremony. Read more at straitstimes.com.
King Felipe VI’s landmark China visit
King Felipe VI of Spain is currently on a four-day state visit to China from November 10 to 13, making this the first visit by a Spanish monarch in 18 years. The trip, which includes stops in Chengdu and Beijing, is designed to further strengthen current economic cooperation success and reinforce the Spain-China Comprehensive Strategic Partnership, which celebrates its 20th anniversary this… Source
The king of Spain says that economic relations with China should be made "based on mutual trust, openness and legal security, where trade continues to be a factor of stability".
The visit to China, the first of a Spanish monarch in 18 years, cooked for months by the government of Sánchez in full diplomatic offensive towards Beijing, seeks to seal a new and close relationship with the Xi regime that goes beyond the commercial plane Read
The Spanish "back door" alerts in Brussels at the culmination of the monarchs' state trip to Beijing, after Sánchez's three visits to Xi in just over two years. More information: Felipe VI asks to solve the difficulties that exist for Spanish companies in China: "There must be mutual trust".
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