Beijing must deliver “concrete results” by October or face “harsher measures”, EU Trade Commissioner Maroš Šefčovič has warned in an exclusive interview with Euronews, as Brussels sets an October deadline to rein in China’s record trade surplus with the bloc.
With talks already underway, Šefčovič said the stakes go well beyond trade, with the future of European industry at play. The next two weeks are set to be crucial, with a video call between the EU’s trade chief and his Chinese counterpart, Wang Wentao, planned for mid-September, as both sides work towards the October deadline.