Balance of Power

Fractured Europe Seeks an Entente With China

Trump’s America-First policies should be pushing the EU and China closer together but the mood has soured ahead of tomorrow’s summit.

The construction site of a CATL battery plant in Debrecen, Hungary on Wednesday, Aug. 16, 2023.

Photographer: Akos Stiller/Bloomberg

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Back in 2015, Hong Kong-listed consumer group Fosun made a splash by snapping up French holiday operator Club Med, known for its all-inclusive sun, sea and sand vacations.