EU’s Juncker demands fair trade from China ahead of summit

Italy signed a memorandum of understanding in support of Beijing's

In this context, we hope to convince China to include subsidies to the industry as a key element of the WTO reform, ' expressed European Council President Donald Tusk.

Marking a significant shift, Li's pledge at the annual EU-China leaders' meeting follows similar offers to the United States and potentially signals an opening for which European companies have long lobbied.

Last week, French President Emmanuel Macron hosted President Xi Jinping for a summit, though he also invited German Chancellor Angela Merkel and the EU's Juncker for one leg of the meeting.

China and the European Union share broad common interests in pragmatic cooperation and have a common stance regarding multilateralism and free trade, he said.

China is considering that India will review its decision and participate in the forum, as evident from the principal summit between Prime Minister Narendra Modi and President Xi Jinping in April past year.

China nevertheless faced a more assertive Europe, even with dialogue the preferred approach.

It's deadline day for Trump's tax returns, but he says no
Mnuchin said he'd "rethink" whether he would return to sit before the committee if he was going to be poorly treated. He has frequently promised to release his tax returns once an audit of these returns is completed by the IRS.

The EU-China summit every year brings Beijing's number two leader the EU's top officials together and serves as a litmus test on the state of ties between Europe and the Asian giant.

Li will now head to Croatia for another European summit on Thursday and Friday, this time with central and eastern states, 11 of whom are EU members.

In their work on a joint statement for the meeting on Tuesday, which will be the 21st such summit, European and Chinese diplomats found a compromise over wording on efforts to bolster the World Trade Organization by enabling it to tackle industrial subsidies, said the EU official.

"It is a breakthrough. Therefore, both sides should strengthen cooperation and exchanges in areas such as trade, investment and the Belt and Road Initiative", she said.

On a separate issue, the EU has been frustrated by the slow pace of talks with Beijing since 2013 on a bilateral investment accord that would scale back Chinese market barriers for European companies.

China, he added, is also ready to step up communication and build consensus with the European Union on such issues as advancing the reform of the World Trade Organization (WTO) to fully accommodate the interests and concerns of all parties and better safeguard the interests of the majority of WTO members. The two sides also worked out a deal on a section of the draft statement related to the global order based on the United Nations, according to the official. Tusk also raised human rights more generally in the main summit plenary, seeking more religious freedom for minority groups in China.

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