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Beijing says China-EU trade talks set in the fall, to be held regularly each year
The new mechanism sets ministerial talks once or twice a year as both sides seek to narrow a 360 billion euro trade gap, officials said.
- China and the European Union will hold ministerial-level trade talks once or twice yearly, Commerce Ministry spokesperson Yadong announced Thursday, establishing a new trade and investment consultation mechanism.
- Following Monday's meeting in Brussels between European Union trade commissioner Maroa and Wang Wentao, China's commerce minister, both sides addressed the widening trade gap. Maroa said Europe needs to 'defend our industrial base and keep pushing for a level playing field.'
- New European Union measures protecting the steel industry and limiting e-commerce parcels took effect yesterday, targeting Chinese imports amid a 360 billion euro trade deficit with China.
- Maroa will travel to Beijing this autumn for further discussions, with both sides intending to boost collaboration in artificial intelligence and renewable energy transition.
- China has expressed willingness to increase imports, but state media-linked Yuyuantantian said last week the European Union 'needs to relax its export controls on high-tech products.' Rising Chinese car and battery exports further complicate negotiations.
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The EU is launching trade talks with Beijing. However, Katherina Reiche is torpedoing the negotiations with her special appearance in Brussels even before they have started.
·Düsseldorf, Germany
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EU Averts Trade War With China For Now
By: Toh Han ShihThe 27-country European Union has avoided a trade war with China through a conditional truce despite EU complaints over its huge trade deficit with Beijing, giving China, its second biggest trading partner after the US, till October to reduce the deficit, which rose by nearly 20 percent to €360 billion (US$412 billion) in 2025 from 2024,…
·Hong Kong
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Coverage Details
Total News Sources12
Leaning Left4Leaning Right2Center3Last UpdatedBias Distribution45% Left
Bias Distribution
- 45% of the sources lean Left
45% Left
L 45%
C 33%
R 22%
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