KATHMANDU: China's Xi Jinping embarks on a six-day journey to Europe, marking his first visit to the continent since 2019. The itinerary includes stops in France, Serbia, and Hungary, occurring against the backdrop of heightened trade tensions with the European Union and scrutiny over China's support for Russia. Analysts suggest that while discussions on global conflicts like Russia's actions in Ukraine and the Israel-Hamas conflict may arise, Xi's primary focus will be addressing trade disputes and reinforcing China's relationships with Budapest and Belgrade.
Xi's European tour is perceived by some as an attempt to disrupt the EU's efforts in adopting stricter trade measures against China, amidst growing concerns about unfair trade practices. By visiting Serbia and Hungary, Xi aims to underscore China's influence in Central and Eastern Europe, despite some countries withdrawing from China-led initiatives. The visit holds significance in amplifying divisions within the EU, particularly highlighted by the stop in Budapest.
The EU has recently initiated investigations into various Chinese products and companies, reflecting its growing scrutiny over China's trade practices. Despite objections from Beijing, France has emphasized the need to rebalance trade relations with China, while also seeking to maintain cooperative ties. French President Macron is expected to address China's support for Russia during discussions, although hopes for a reduction in Sino-Russian collaboration in Europe appear to be diminishing.
In Hungary and Serbia, Xi's agenda centers on deepening bilateral cooperation, particularly in infrastructure projects, within the context of China's Belt and Road Initiative. Hungary, in particular, has sought significant Chinese investment, especially in the electric vehicle sector. Given Hungary's EU membership, its relationship with China holds strategic importance, potentially impacting EU decisions on matters important to Beijing. While the trip may not alter EU-China dynamics significantly, Xi aims to bolster China's visibility and relevance in Europe through relationships with middle powers like France and close ties with countries such as Hungary.
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