The EU's trade commissioner, Maros Sefcovic, arrived in Beijing on Thursday for two days of talks with Chinese Commerce Minister Wang Wentao, carrying an increasingly blunt European message that the EU’s trade relationship with China can no longer continue on its present course.
Brussels says the EU's trade deficit with China, now running at more than one billion euros a day, has reached an unsustainable level and wants Beijing to help narrow it. The most immediate test is the surge in Chinese hybrid-car exports, which has exposed a gap in the EU’s existing tariff regime.
