THE of the European Union The main business mandarins leave for Beijing on Wednesday for two days of intensive negotiations, but expectations in Brussels are measured for the results of the negotiations.
Maros Sefcovićthe EU’s trade chief will meet his Chinese counterpart, Wang WentaoThursday and Friday – three months after their last meeting in Brussels, when the Europeans agreed a deal October deadline signs of a rebalancing of the commercial relationship.
Ongoing negotiations at the operational level have proven difficult, with the unbalanced trade balance showing little sign of narrowing. Indeed, Beijing’s enormous trade surplus with the bloc of 27 increased further over the past quarter.
However, Beijing would no longer categorically reject the idea that there are problems in its trade relations with Europe.
Gn world
