EU seeks to cut trade deficit with China in talks with Beijing

Chinese Commerce Minister Wang Wentao met with European Trade Commissioner Maros Sefcovic in Beijing on Thursday, the Chinese commerce ministry said.

The two sides began two days of talks, as the EU aims to reduce the growing trade deficit
with China.

This came after three months of discussions over the EU's goods trade deficit of more than 1 billion euros (US$1.12 billion) a day and Chinese curbs on exports of rare earths and other critical minerals.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓