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VOL. I·NO. 01
THURSDAY, OCTOBER 8, 2026
  1. 001Channel News AsiaOCT · 08English

    EU trade envoy opens talks with Beijing, says China trade deficit ‘unsustainable’

    EU trade envoy Maros Sefcovic began talks in Beijing to address the bloc's unsustainable trade deficit with China, calling for improved market access and economic security. The EU faces a daily trade gap of roughly €1 billion with China, attributed to unfair practices like state subsidies and price dumping, while remaining vulnerable to Chinese leverage over rare earth minerals and export markets.