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China and the EU are holding intensive trade consultations. The EU's lack of sincerity may lead to a sharp increase in China-EU economic and trade frictions.

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Jinse Finance reported that on June 26, according to Global Times, the China-EU teams held intensive talks this week to discuss China-EU economic and trade issues in preparation for the first meeting of the China-EU trade and investment consultation mechanism. It is understood that the EU has shown a clear lack of sincerity in the negotiations, and is even prepared to negotiate while fighting, with plans to promptly roll out more protectionist measures. This is a cause for concern that a China-EU trade war could be triggered at any moment. It is reported that China has been committed to consultation and dialogue with the EU, but has also made preparations to carry out resolute and necessary countermeasures at any time. Against this backdrop, the outlook for China-EU economic and trade relations appears to be becoming even more complicated, and differences in China-EU economic and trade matters may further escalate. Even more worrying, the EU side has revealed that bilateral consultations will not affect the EU’s plans to use existing economic and trade tools or to develop new ones. This means that a continued escalation of China-EU economic and trade frictions in the future appears to be inevitable.
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