EU, China to hold Beijing talks to avert trade war
- BRUSSELS: EU trade chief Maros Sefcovic will head to Beijing on Thursday (Oct 8) for two days of make-or-break meetings with Chinese officials to try to stave off a trade war.
- The European Union has toughened its stance towards Beijing to defend businesses against what it believes is unfair competition in critical sectors including cars.
- Increasingly European leaders and observers warn of a "China Shock 2.0", used to describe Chinese firms' shift into more high-tech manufacturing, which is threatening many traditional EU industries.
Unverified
- BRUSSELS: EU trade chief Maros Sefcovic will head to Beijing on Thursday (Oct 8) for two days of make-or-break meetings with Chinese officials to try to stave off a trade war.
- The European Union has toughened its stance towards Beijing to defend businesses against what it believes is unfair competition in critical sectors including cars.
- Increasingly European leaders and observers warn of a "China Shock 2.0", used to describe Chinese firms' shift into more high-tech manufacturing, which is threatening many traditional EU industries.
Sources: CNA