A summit between China and the European Union (EU) commenced in Beijing on July 24, focusing on tensions including trade conflicts and the war in Ukraine.

• Attendees include Chinese President Xi Jinping, European Commission President Ursula von der Leyen, and European Council President Antonio Costa.
• EU imposed sanctions on two Chinese banks prior to the summit, escalating tensions amidst a fragile relationship.
• A trade deficit with China reached **€305.8 billion** in the previous year, highlighting ongoing economic concerns for the EU.