Spanish Monarch's Historic Visit to China: A New Era of Bilateral Relations
King Felipe VI of Spain will visit China from November 10 to 13, marking the first visit by a Spanish monarch in 18 years. This visit aims to strengthen trade ties and investment relations between the two nations, amid cautious EU engagement with China due to economic concerns.
BEIJING - For the first time in 18 years, a Spanish monarch will visit China as King Felipe VI arrives from November 10 to 13. This historic visit signifies Madrid's efforts to enhance Chinese investment and strengthen trade ties, despite EU's cautious approach towards economic engagements with Beijing.
Spain has actively pursued a closer economic relationship with China, even as the nation moves away from supporting EU tariffs on Chinese electric vehicles. This strategic pivot was underscored by investments such as factories from Chinese battery maker CATL and renewable energy group Envision.
Beijing's diplomatic approach has often favored strategically important EU nations, creating a complex web of bilateral relations. While some EU figures caution against over-reliance on China, recent diplomatic negotiations suggest an ongoing reshaping of global trade dynamics.
(With inputs from agencies.)
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