15 November 2022 | Other

EU leader says Europe should avoid over-reliance on China

On Tuesday, European Council President Charles Michel expressed concern about Europe's potential over-reliance on China. He stressed that a balance must be struck in such relations, especially in the area of innovative technologies. 

Michel spoke positively about the meeting between the U.S. and China heads. Joe Biden managed to meet with Xi Jinping on Monday, forming an image of healthy competition between the countries rather than permanent conflict, which the president of the European Council also noted.

At a press conference before the G-20 summit, Michel said that cooperation between Europe and China will continue in any case, despite the different views on certain things. Both sides need to listen carefully to each other, as this is the basis for mutual understanding and fruitful cooperation.

Company MarketCheese
Period: 30.04.2026 Expectation: 2000 pips
Buying AUDUSD with 0.71500 in sight
Today at 09:57 AM
Period: 31.03.2026 Expectation: 4626 pips
Investing in BTCUSD with $75,000 target on geopolitical calm
Today at 07:46 AM 7
Brent sell
Period: 31.08.2026 Expectation: 2000 pips
Brent selloff targets $80.0
Today at 06:46 AM 7
Period: 31.03.2026 Expectation: 350 pips
USDCAD selloff comes into play upon breaking 1.3700
Today at 03:58 AM 9
Period: 30.04.2026 Expectation: 2200 pips
Selling EURUSD with 1.1250 in view
Today at 03:58 AM 11
Period: 10.04.2026 Expectation: 7000 pips
Selling silver down to $55
Yesterday at 11:17 AM 32
Go to forecasts