The European Union is preparing a stricter trade policy toward China. European Trade Commissioner Maroš Šefčovič is holding talks this week in Beijing with Chinese Minister of Commerce Wang Wentao. The two-day negotiations concern trade relations, electric vehicles, rare earths and other issues that may affect economic relations between Brussels and Beijing. kultura.pravda.sk ↗
Šefčovič stated that the Union is working intensively on adjusting its trade defense instruments. Their goal is to enable a faster and more effective response to unfair competition and economic pressure from trading partners. European officials are also pointing to the persistent trade imbalance with China. Deutschlandfunk ↗
France and Germany have proposed the creation of a new trade instrument that would allow the EU to respond to economic pressure more quickly and forcefully. The proposal draws on the experience of the United States and could strengthen the Union's ability to protect its industry. idnes.cz ↗
Paris and Berlin are also considering tougher measures against Chinese competition, with restricting access to the European market among the options being discussed. China has called on Germany and France not to push the Union toward protectionism. According to Beijing, they should remain committed to openness, free trade and the rules of the World Trade Organization. teraz.sk ↗
Šefčovič's visit may show whether tensions can be eased through negotiation, or whether the EU will continue preparing stricter protective measures.
EU toughens its stance toward China ahead of Šefčovič's visit to Beijing
This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (6)
Čína vyzvala Berlín a Paríž, aby EÚ netlačili k protekcionizmu
teraz.sk
| 10:09 07.10.
EU toughens China stance ahead of Šefčovič’s Beijing visit
Politico Europe
| 04:51 07.10.
« Nous ne pouvons pas poursuivre indéfiniment ce dialogue » : l’Europe se prépare à la guerre commerciale avec la Chine
Le Figaro
| 20:27 07.10.
Interview der Woche - EU-Handelskommissar Šefčovič wünscht sich im Handels-Konflikt mit China schnellere und wirkungsvollere Schutzinstrumente
Deutschlandfunk
| 22:06 07.10.
Šefčovič rokuje v Pekingu s Čínou. V hre sú miliardy eur, elektromobily aj vzácne zeminy
kultura.pravda.sk
| 09:35 07.10.
Francie a Německo chtějí přitvrdit proti obchodnímu nátlaku. Inspiraci čerpaly v USA
idnes.cz
| 09:23 07.10.
🔥 You might also like
Slovakia
EU cuts steel quotas by 47% and raises tariff to 50% starting today. For the Košice steelworks it's a shield — in three months, Japan's Nippon Steel takes over
The EU has cut duty-free steel quotas by nearly half from today and raised the over-quota tariff to 50%. Košice steelworks gets a shield against cheap imports — …
📰
German Politics
Union and SPD Clash Over Shape of Care Reform
Coalition parties Union and SPD in Germany still haven't agreed on the planned care system reform. The cabinet was to decide on the proposal on Wednesday...
📰
Economy & Business
The EU is falling behind in preparing its defence for a possible conflict with Russia
The European Union is not arming fast or efficiently enough to meet its 2030 goal of being ready to defend against Russia, a report by the Europ...
© HotInfo
Geographic locations
From our newsroom original
All →
AfD secures parliament speaker position in Saxony-Anhalt, CDU faces criticism
Višňové Tunnel Closed Due to Car Fire, Traffic Diverted Through Strečno
Maduro and Cilia Flores set to face torture charges in the US
Swedish court convicts two men over concealed Viking-era treasure, acquits third man accused of selling it
Man suspected of attempting to sell uranium-238 for $700,000 detained in Georgia
Amsterdam museum returned ancient vase to Sicily, theft revealed by 1976 wedding photo
Quebec: Separatists Win with 28% of the Vote and No Majority, Promise Referendum Only After Trump
What Europe Is Writing About: AfD Leads a State Parliament, Ex-BND Chief Arrested, Puigdemont May Return