Designing its trade policy towards China, Europe should exert extreme foresightedness. Rather than to be trapped in bilateral trade balance conflicts (economically meaningless and politically hopeless), the EU should push for objectives that are attractive to its own interests, and to Chinese...

The European Union’s recent trade policy strategy towards China, which focuses on bilateral market access and involves a strong U S-style confrontational stance, is ineffective and short-sighted. Today there exists no genuine dialogue between China and the EU on crucial commercial issues. This...