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China Urges Europe to Embrace Market Cooperation

3/9/2026

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Story summary
  • Wang Yi, Chinese Foreign Minister, urged European leaders to embrace the Chinese market to boost competitiveness and avoid self-isolation through cooperation.
  • In 2025, trade between China and the European Union reached 5.93 trillion yuan (US$860 billion), illustrating growing ties.
  • The European Union Institute for Security Studies argues the European Union should use its market power to negotiate with China.
  • The report states Europe has not fully recognized its leverage and that Beijing's assertiveness stems from domestic insecurities.