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EU plans high-level China currency talks as fears of new trade shock mount

EU plans high-level China currency talks as fears of new trade shock mount
South China Morning Post Wednesday 28 October 2026, 05:00 UTC By Finbarr Bermingham 1 min read
Key Points

After convincing China to accept a cap on its hybrid car exports, a stream of top-level European finance and banking officials will descend on the Chinese capital in the coming months on a far trickier mission: persuading Beijing to stop holding down its currency to help save the bloc’s struggling industry. In the week of November 23, top European Union economy officials led by director general Maarten Verwey will sit down in Beijing for a “macroeconomic dialogue” with their Chinese...

After convincing China to accept a cap on its hybrid car exports, a stream of top-level European finance and banking officials will descend on the Chinese capital in the coming months on a far trickier mission: persuading Beijing to stop holding down its currency to help save the bloc’s struggling industry. In the week of November 23, top European Union economy officials led by director general Maarten Verwey will sit down in Beijing for a “macroeconomic dialogue” with their Chinese... [Image text:] O 00 100 75966 rr 100 ME
EU (ORG) China (LOCATION) European (ORG) Chinese (ORG) Beijing (LOCATION) European Union (ORG) Maarten Verwey (PERSON)
Originally published by South China Morning Post Read original →

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