Business & Finance
EU and China set for Paris talks this week amid mounting trade war fears
Key Points
ExclusiveEU and China set for Paris talks this week amid mounting trade war fears Bloc puts ‘carrot-and-stick’ approach to test in high-stakes meeting with Beijing’s international trade envoy on sidelines of OECD summit The sides seek to establish a new platform for discussing trade and investment issues, EU sources said, even as Brussels prepares to take a more hardline stance towards Chinese economic practices. The EU has been keen to streamline dialogue with China from an estimated 60...
ExclusiveEU and China set for Paris talks this week amid mounting trade war fears
Bloc puts ‘carrot-and-stick’ approach to test in high-stakes meeting with Beijing’s international trade envoy on sidelines of OECD summit
The sides seek to establish a new platform for discussing trade and investment issues, EU sources said, even as Brussels prepares to take a more hardline stance towards Chinese economic practices.
The EU has been keen to streamline dialogue with China from an estimated 60 working groups into something more manageable. On Saturday, China’s Ministry of Commerce confirmed that a “trade and investment consultation mechanism” was being discussed.
Ling Ji, China’s vice-commerce minister responsible for Europe, is expected next week in Brussels, where he is likely to meet Ditte Juul Jørgensen, the bloc’s new director general for trade.