Lamy: China-EU Cooperation & Common Ground | WTO
- china and the European Union share "common ground" for collaboration on trade, particularly in maintaining a rules-based system amid global tariff disputes, according to Pascal Lamy, former head...
- Lamy suggested the EU adopt a strategy similar to China's decades ago, encouraging local production for foreign investors.He highlighted Chinese investment in electric vehicles as particularly desirable for...
- Decarbonization represents another area of mutual interest and potential cooperation between China and the EU.
Pascal Lamy, former WTO head, reveals china and the EU can find common ground for trade cooperation despite existing tariff tensions. He emphasizes the importance of a rules-based system amidst global disputes, advocating for collaborative strategies similar to past Chinese investment initiatives.Notably,China’s investment in electric vehicles is a shared interest. Furthermore,decarbonization efforts present meaningful opportunities for both entities.Read on to learn about the potential for China-EU collaboration, especially in the face of uncertain U.S. tariff policies. News Directory 3 reported on Lamy’s insights from the UBS Asian Investment Conference in Hong Kong, where he addressed the critical need for China to accelerate it’s decarbonization efforts. Discover what’s next.
China, EU Find Common Ground on Trade Amid Tariff Tensions
Updated may 28, 2025
china and the European Union share “common ground” for collaboration on trade, particularly in maintaining a rules-based system amid global tariff disputes, according to Pascal Lamy, former head of the World Trade Organization. He spoke Wednesday at the UBS Asian Investment Conference in Hong Kong.
Lamy suggested the EU adopt a strategy similar to China’s decades ago, encouraging local production for foreign investors.He highlighted Chinese investment in electric vehicles as particularly desirable for the EU.
Decarbonization represents another area of mutual interest and potential cooperation between China and the EU. lamy noted that while both sides are moving in the same direction, China needs to accelerate its efforts to reduce reliance on coal.
Lamy’s remarks come amid uncertainties stemming from U.S.tariff policies.
This is mafia-like hostage-taking
The U.S. had imposed reciprocal tariffs and threatened additional tariffs on the EU, but later postponed implementation.
What’s next
Continued dialogue and cooperation between China and the EU could lead to stronger trade relations and advancements in green technologies, despite ongoing global trade tensions and the need for China to accelerate its decarbonization drive.