Chinese language commerce minister Wang Wentao and European commerce commissioner Maros Sefcovic held a video name on Thursday, as the 2 sides try to maintain a lid on simmering financial tensions and pave the best way for a leaders’ summit in Beijing.
“Each side agreed to work collectively to put the groundwork for key financial and commerce gadgets on the China-EU agenda this yr,” the Ministry of Commerce stated in a web-based assertion launched on Friday.
Throughout a session on the worldwide financial system on the G7 summit, which was additionally attended by US President Donald Trump, von der Leyen accused Beijing of providing “large subsidies with the goal to dominate manufacturing and provide chains”, calling it a “distortion with intent”.
