China, European Union and Beijing
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China’s high dependence on exports will likely be a key focus of a new round of U.S.-China trade talks this coming week in Stockholm, but a trade deal would not necessarily help Beijing to
There were big trade talks in Beijing yesterday, where the EU raised concerns with China about trade imbalances.
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Yet analysts say the Chinese leader is likely holding out for concrete deliverables before agreeing to the high-profile meeting. Trump dramatically escalated the trade war with the world's second-largest economy in April, rolling out sweeping new tariffs that prompted China to respond with its own export duties and other measures.
From just $2.4 billion in trade in 1975 to nearly $785 billion in 2024, China-EU economic relations have become one of the most vibrant engines of global growth. However, the ties have been disrupted by trade disputes. The issues of disagreement include tariffs on Chinese electric vehicles and China's export control on rare earth elements.
The recent summit between the EU and China marked an inflection point in their trade relations amidst global tensions. Discussions covered trade and geopolitical issues, with an emphasis on overcoming challenges in the relationship.
China and the EU have multiple trade disputes across a range of industries, but no disagreement is as sharp as their enormous trade imbalance. View on euronews
Von der Leyen and Costa will raise thorny issues such as the trade imbalance, rare earths and Ukraine during meetings with Chinese President Xi Jinping and Premier Li Qiang. The EU defines China as a "partner, competitor and systemic rival", which frames its strategic approach to China policy.