Will China replace the American economy in the European market?

According to Fars News Agency’s International Economic Group, the Wall Street Journal reported that Li Hui, China’s special representative for Eurasian affairs, asked European countries to see China as a commercial and economic alternative to the United States of America.

This newspaper quoted Western officials involved in the negotiations and wrote that this Chinese diplomat, on a trip to Warsaw, Paris, Kiev, Berlin and Brussels, asked European governments to consider Beijing as an economic alternative to Washington.

Earlier, Li Hui said, China has always taken a reasonable position towards the war in Ukraine. According to him, China and the European Union agree on this issue (Ukraine war).

The “Washington Post” newspaper reported yesterday that China is ready to expand cooperation with Russia after the G7 summit due to the deterioration of relations with Western countries.

A few days ago, Chinese President Xi Jinping emphasized that Russia and China should increase the level of economic, trade and investment cooperation between them.

The President of China emphasized the need to expand the range of humanitarian exchanges between the two countries and make new progress in the development of relations between the two nations.

According to China Customs, trade between Russia and China will grow by 29.3% in 2022 and reach a record 190.271 billion dollars.

end of message/