Chinese leader Xi Jinping urged the European Union to make “the right strategic choice” and enhance cooperation with China, while EU leaders called for a rebalancing of trade ties, as the two sides tackle deep-seated grievances at a tense summit in Beijing.

Half a century after the establishment of relations between China and the EU, and against a backdrop of deteriorating transatlantic relations, the European Union and China held their 25th summit in Beijing.

Leaders at a summit in Beijing split over Ukraine and many trade issues. They came together with small steps on climate change and critical minerals.

As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.

Chinese President Xi Jinping said China and the EU must deepen trust in a turbulent world but the bloc's chiefs called for "real solutions" to move past an inflection point as they met in Beijing on Thursday.

Finance minister Nirmala Sitharaman indicated a potential thaw in India-China business relations, citing mutual interest in reviving economic engagement after years of tension. Following S Jaishankar's visit,

E.U. leaders are in Beijing to mark 50 years of diplomatic relations with China, but they have major disagreements over trade and Russia’s war against Ukraine.

China’s high dependence on exports will likely be a key focus of a new round of U.S.-China trade talks this coming week in Stockholm, but a trade deal would not necessarily help Beijing to rebalance its economy.