Prior to the meeting, it had been reported that European leaders were dissatisfied with the Xinjiang « re-education camps » and the brutal repression of Uighur Muslims in Xinjiang, the national security law in Hong Kong and the repression of freedom in that country, persistent trade imbalances and the lack of reciprocity for European businesses. In March 2014, Brussels agreed that after the conclusion of an investment agreement between the EU and China, it would consider wider trade negotiations with Beijing. Negotiations on the investment contract began a few months earlier, in November 2013. Once completed, the ILO will replace the 26 existing ILOs signed by China over the years by EU member states. However, economic cooperation continued and the EU`s « new Asia Strategy », the first Asia-Europe meeting in 1996, the 1998 EU-China Summit and numerous political documents that seek closer partnership with China. Although the Asian financial crisis of 1997 dampened investor enthusiasm, China weathered the crisis well and continued to focus on EU trade. Chinese leaders sought to delight European interest and made high-level visits in the 1990s, accompanied by major EU sales to China. Trade increased by 63% in 1993 compared to the previous year. China then became Europe`s fourth largest trading partner. Even after the 1997 financial crisis, trade between the EU and China increased by 15% in 1998.
 The European Council and China`s diplomatic representation to the European Union announced on Monday the signing of a bilateral trade agreement on « geographic indications » between the two megamarkets, relating to the protection of intellectual property of products of particular geographical origin. The European Union and China are two of the world`s largest distributors. China is now the EU`s second largest trading partner after the US and the EU is China`s largest trading partner. The strategy also includes a trade agenda that places a strong emphasis on improving market access opportunities, including negotiations for a comprehensive investment agreement. It also looks at overcapacity and calls on China to look at multilateral ambitions. China sees the EU primarily as a counterweight to the United States, with which it is involved in a harmful trade war. It has successfully sowed division among European countries by concluding bilateral economic agreements with the shakiers within the bloc such as Greece and Italy. Fact sheets, Vietnamese trade in your city, texts of agreements, stories of exporters The EU is China`s largest trading partner and China is the EU`s second largest trading partner after the United States. Most of this trade is in industrial and industrial goods. Between 2009 and 2010, EU exports to China increased by 38% and Chinese exports to the EU by 31%.  The talks were supposed to take place in Leipzig, but they were put online – supposedly because of the coronavirus, but most likely because of the failure of the 27 European nations to reach agreement on a coherent policy towards China.