European Commission President Ursula von der Leyen hinted that the EU-China Investment Agreement should be terminated.

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[Financial Channel/Comprehensive Report] European Commission President Ursula von der Leyen will visit China next week. He said today (30th) that China is seeking a new international order led by Beijing, and the EU must Defend security and economic interests, and suggest that the EU-China Investment Agreement (CAI) should be terminated.

He also warned member states that they should change their relationship with China or risk becoming victims of Chinese economic bullying.

According to comprehensive foreign reports, von der Leyen is scheduled to visit China with French President Emmanuel Macron from April 5 to 8.

Von der Leyen delivered a speech before the trip, saying that the EU needs to engage with Beijing, but must develop a strategy to reduce the relationship and dependence between the EU and China.

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Von der Leyen said that during this period of time, China's overall strategic posture has been very tough. China showed friendship with Russia in Moscow. The goal is to make systematic changes to the international order with China as the center.

Von der Leyen said that we must realize that the world and China have changed in the past three years, and the EU-China Investment Agreement must be reassessed.

Moreover, China's economic coercion of smaller countries, including Australia and EU member Lithuania, are examples of the need for a change in Europe's approach to align with its allies in confronting China.

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