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Xi heads to Europe


SupChina.com

Xinhua reports that Xí Jìnpíng 习近平 will “pay state visits to Italy, Monaco and France from March 21 to 26.”

Last week, Premier Lǐ Kèqiáng 李克强, per the South China Morning Post, “offered an olive branch to the European Union by saying Beijing will not undermine the bloc’s interests if it reaches a trade deal with the United States.”

No matter what China does, European business interests may be harmed. Earlier this month, the EU Chamber of Commerce published a report titled “Caught in the cross-fire: the effects of the U.S.-China trade war on European companies”:

With 53.9 percent and 42.9 percent of respondents viewing the American and Chinese tariffs respectively in a negative light, it is clear that disruptions are far-reaching… Interestingly, while many had speculated that European firms might find new oppor­tunities as a result of the conflict, only 4.2 percent reported any positive views of the situation.


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