The European Union and China took a small step towards each other during high-level talks focused on contentious trade disputes in Beijing on Thursday. The 24th EU-China summit, which was held in person for the first time since 2019, yielded no concrete results. But both sides expressed willingness to work together after a period of increasing tensions. European Commission President Ursula von der Leyen said the leaders of China – the EU’s most important economic partner – expressed openness to addressing the bloc’s ballooning trade deficit. “I’m glad that we agreed with President Xi that trad…