EconomyEU trade envoy targets huge goods deficit on first day of China visit

EU trade commissioner Maros Sefcovic arrived in Beijing on Thursday for two days of talks with his Chinese counterpart, Wang Wentao. He said he aims to “rebalance” an “unsustainable trade deficit.” The auto sector is a particular concern, with Chinese hybrid vehicles reaching 25% of the European market.

EU-China tradetrade deficitauto industry

FFrance 24★★★★☆2026-10-08 12:15Original