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Eu China Trade

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EU-China Trade Talks Face Critical Test as Parliament Demands Tougher Measures

EU-China Trade Talks Face Critical Test as Parliament Demands Tougher Measures

European Parliament members voted overwhelmingly for a resolution demanding tougher action against China, citing economic coercion and support for Russia. Simultaneously, EU Trade Commissioner Maroš Šefčovič arrived in Beijing for high-stakes negotiations aimed at rebalancing a trade deficit that now exceeds €1 billion daily. The talks focus on Chinese export surges, particularly in hybrid vehicles, and restrictions on critical raw materials, with Brussels considering new retaliatory tools if Beijing does not offer concrete concessions.

EU-China Trade Talks Kick Off in Beijing as Brussels Prepares Rapid Response Tools
economy2 days ago

EU-China Trade Talks Kick Off in Beijing as Brussels Prepares Rapid Response Tools

EU Trade Commissioner Maros Sefcovic began two-day talks in Beijing with Chinese Commerce Minister Wang Wentao to address a trade deficit exceeding €1 billion daily and restrictions on rare earth exports. The negotiations occur as the European Commission seeks to implement a new, rapid-response trade defense mechanism proposed by Germany and France, while China rejects voluntary curbs on hybrid car exports and warns against protectionist measures.

Berlin’s Trade Pivot Marks a Late but Significant Shift in EU-China Relations
global-economy4 days ago

Berlin’s Trade Pivot Marks a Late but Significant Shift in EU-China Relations

Germany has officially shifted its trade policy toward China, joining France in demanding new EU tools to restrict imports. This marks a significant change from Berlin's previous reluctance to impose tariffs, driven by a growing trade deficit and industrial pressure. While other EU members welcomed the move, they noted it came too late. Simultaneously, Moldova is pushing for accelerated EU accession, claiming it has already met several reform criteria.

Beijing Launches Chemical Probe as EU Trade Deadline Looms
international-trade7 days ago

Beijing Launches Chemical Probe as EU Trade Deadline Looms

China has initiated an anti-dumping investigation into European exports of p-nitrotoluene, a chemical used in dyes and pharmaceuticals. This move occurs just days before EU Trade Commissioner Maroš Šefčovič travels to Beijing for critical talks aimed at resolving a €1 billion daily trade deficit. The probe follows a surge in EU trade defense actions and precedes a deadline set by Brussels for tangible results from Beijing.

EU Trade Chief Warns China Talks Stalled Ahead of Critical October Deadline
international-trade7 days ago

EU Trade Chief Warns China Talks Stalled Ahead of Critical October Deadline

EU Trade Commissioner Maroš Šefčovič admitted that months of 'tough' negotiations with China have not yet yielded a deal, despite urgent pressure from European leaders. With a €1 billion daily trade deficit driving industrial closures in Europe, Šefčovič is traveling to Beijing on October 8 for a 'super crucial' meeting with Chinese Commerce Minister Wang Wentao. The EU seeks concrete results by October 15 to present to leaders in Brussels, threatening unilateral restrictions on Chinese imports if talks fail. Key issues include curbing Chinese export surges, boosting EU exports to China, and resolving rare earth supply curbs. While China has signaled willingness to discuss these topics, it has warned against punitive measures, creating a high-stakes diplomatic standoff.

Heat wave fuels Chinese AC boom as EU and China press for trade balance
business3 months ago

Heat wave fuels Chinese AC boom as EU and China press for trade balance

Europe’s record heat wave is driving a surge in imports of Chinese-made air conditioners, underscoring Brussels’ challenge in closing the trade gap with Beijing. The EU and China issued a rare joint statement to set up a bilateral working group to monitor trade flows and deliver tangible results on imbalances, export controls, and IP by October, while signaling Beijing may retaliate against new curbs. The surge in demand—led by Chinese models such as Midea’s PortaSplit—highlights Europe’s dependence on affordable Chinese tech and the broader difficulty of protecting domestic industry while meeting consumer needs.

EU seeks US-style push in China talks to curb trade deficit
world4 months ago

EU seeks US-style push in China talks to curb trade deficit

EU Trade Commissioner Maroš Šefčovič says Brussels should adopt a more intense, US-style approach to talks with China to tackle an unsustainable trade deficit, after a Paris meeting with Li Chenggang. He advocates deeper, coordinated negotiations and cites the EU’s roughly €360 billion goods deficit with China in 2025, with discussions to continue at upcoming EU and G7 meetings, emphasizing incremental, non-confrontational steps over escalation.