Spain Strengthens Ties with China: A Strategic Realignment
King Felipe VI's visit marks a strengthening of Spain-China relations amidst souring U.S. ties. Spanish business gains momentum with Chinese investments in energy and EV sectors. However, concerns over the use of Huawei technology in sensitive Spanish projects remain, reflecting geopolitical tensions.
King Felipe VI of Spain is set to embark on the first royal state visit to China in 18 years, signaling a major intensification of bilateral relations between the two countries. This strategic move comes as Spain seeks to fortify its political and business ties with China, while its relationship with the U.S. faces strain.
Accompanied by key ministers and Spanish business leaders, King Felipe will engage in high-level meetings with key Chinese officials, including President Xi Jinping. This visit is seen as part of Spain's ongoing efforts to address trade imbalances, with China investing in Spanish sectors such as electric vehicles and energy.
Despite the economic benefits, Spain's engagement with China is laced with controversy due to concerns over the use of Huawei technology in critical Spanish sectors, raising security concerns and potential dependency on a high-risk foreign supplier.
(With inputs from agencies.)
ALSO READ
Rising Stars: Energy Efficiency Revamp to Impact Cooling Appliance Prices
Energy Efficiency Star-Labelling Becomes Mandatory for Appliances
Indian economy projected to register high growth, driven by strong domestic consumption and investment: RBI Governor.
Adani Green Energy Advances Renewable Projects in Gujarat
Extensive Damage in Odesa: Russian Strikes Hit Energy Facilities

