Li Chenggang
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Chinese Vice Commerce Minister Li Chenggang Photographer: WANG ZHAO/AFP
EU trade chief to meet China envoy amid heated trade tensions
Brussels is moving to crack down on Chinese overcapacity flooding the EU market, despite Beijing’s retaliation threats. The European Commission confirmed to Euronews on Wednesday that EU trade chief Maroš Šefčovič will meet his Chinese counterpart, trade envoy Li Chenggang, on the sidelines of an OECD ministerial meeting in Paris on Thursday. The visit comes as EU-China relations remain strained, with Brussels seeking to crack down on Chinese overcapacity and tackle a record-high €359.9...
EU trade chief wants to emulate US intensity in talks with China
PARIS — EU Trade Commissioner Maroš Šefčovič wants to take a page from Washington’s playbook in trade talks with China. After meeting with Chinese trade envoy Li Chenggang in Paris on Thursday, the bloc’s trade chief told reporters that the EU will engage in deeper negotiations with Chinese authorities to resolve “what is becoming an unsustainable trade deficit with China.” Šefčovič suggested the bloc might draw inspiration from the groundwork done by the U.S....
EU, China hold talks as trade war looms
The EU and China were due to hold talks to defuse escalating trade tensions after Europe voted last week to adopt a tough new approach. EU trade chief Maros Sefcovic was set to meet China’s top trade envoy, Li Chenggang, on the sidelines of an Organisation for Economic Co-operation and Development (OECD) meeting on Thursday, the South China Morning Post reported. Talks will focus on establishing a new platform to discuss trade and investment issues and will pave the way for Chinese Commerce...
EU trade chief swipes at China’s overcapacity, but seeks ‘meaningful’ talks with Beijing
EU trade chief swipes at China’s overcapacity, but seeks ‘meaningful’ talks with Beijing Maros Sefcovic made the remarks after meeting China’s chief trade negotiator, but says both sides are focused on mutual success EU trade chief Maros Sefcovic has called for practical approaches and “meaningful discussion” to tackle the growing trade concerns between Brussels and Beijing, following his meeting with China’s chief international trade negotiator, Li Chenggang, on the sideline of a...
Newsletter: The moving pieces of the EU’s enlargement
Also in this newsletter: The EU's trade chief to meet his Chinese counterpart in Paris amid escalating trade tensions; and Europe Today speaks exclusively to Lebanese culture minister Ghassan Salamé after Israel and Lebanon agreed a conditional ceasefire overnight. Good morning from Brussels. We start with a major development in Ukraine’s bid to join the European Union.
EU trade chief calls for new tool to diversify supply away from China
BRUSSELS — EU trade chief Maroš Šefčovič has called for a new “diversification instrument” to help ensure that industry is not dependent on single sources of supply in sensitive sectors such as chips and rare earths. “Diversification requires a dedicated instrument,” Šefčovič said at the European Policy Center’s Brussels Economic Security Forum on Friday. “The model I have in mind is the Energy Union — a crucial undertaking for Europe,” said the EU trade chief, citing an initiative that he...
EU must act before China cripples European industries, warns EPP chief
Countries like France are pushing for a tougher stance against Beijing, arguing that Chinese overproduction is straining an already struggling European economy. "Europe needs to open a new chapter regarding its relationship with China," warned Manfred Weber, head of the European People's Party in the European Parliament, in remarks to Bild am Sonntag. "The era of naivety is over," he said, urging the bloc to defend its economic interests more clearly and consistently and to reset its...
EU must act before China cripples European industries, warns EPP chief
Countries like France are pushing for a tougher stance against Beijing, arguing that Chinese overproduction is straining an already struggling European economy. "Europe needs to open a new chapter regarding its relationship with China," warned Manfred Weber, head of the European People's Party in the European Parliament, in remarks to Bild am Sonntag. "The era of naivety is over," he said, urging the bloc to defend its economic interests more clearly and consistently and to reset its...