Current:Home > MyDivides over trade and Ukraine are in focus as EU and China’s leaders meet in Beijing -Trailblazer Wealth Guides
Divides over trade and Ukraine are in focus as EU and China’s leaders meet in Beijing
View
Date:2025-04-26 13:43:40
BEIJING (AP) — The leaders of China and the European Union were holding wide-ranging talks Thursday that included their disputes over trade and a deep divide on the war in Ukraine.
Chinese President Xi Jinping met at a state guesthouse in Beijing with the two European presidents, Ursula von der Leyen from the EU Commission and Charles Michel from the EU Council. The two European leaders were going to meet Premier Li Qiang, China’s No. 2 leader, later on Thursday.
The European Union is calling on China to improve market access for products from its 27 member countries to address an annual trade imbalance of more than $200 billion between the two sides. China exported $458.5 billion worth of goods to the EU in the first 11 months of this year, and imported $257.8 billion, according to Chinese customs data released Thursday.
The EU also has angered China by launching an investigation into the latter’s subsidies for electric vehicles to determine whether they give manufacturers in China an unfair competitive advantage in European markets.
“China has never deliberately pursued a trade surplus,” Foreign Ministry spokesperson Wang Wenbin said ahead of the summit. He noted recent import and supply chain expos that he said encourage foreign companies to sell to the Chinese market of 1.4 billion people.
Wang also took aim at possible EU restrictions on technology exports to China. “I’m afraid it’s unreasonable if the EU imposes strict restrictions on the export of high-tech products to China while expecting a significant increase in exports to China,” he said.
The EU is looking for better market access for a range of products including cosmetics, infant formula and wine and other alcoholic beverages.
China has angered the EU by taking a neutral stance in what most European countries see as a Russian war of aggression against Ukraine. The EU is calling on China to use its influence with Russia to end the invasion, ensure that exports from or via China are not aiding Russia’s war effort and support Ukrainian President Volodymyr Zelenskyy’s peace formula.
Von der Leyen, as commission president, heads the day-to-day business of the EU, while Michel chairs the summits of EU leaders.
veryGood! (7376)
Related
- Nevada attorney general revives 2020 fake electors case
- Louisiana mom arrested for making false kidnapping report after 'disagreement' with son
- Supreme Court seems likely to allow class action to proceed against tech company Nvidia
- Special counsel Smith asks court to pause appeal seeking to revive Trump’s classified documents case
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- NFL coaches diversity report 2024: Gains at head coach, setbacks at offensive coordinator
- Inspector general finds no fault in Park Police shooting of Virginia man in 2017
- Detroit-area police win appeal over liability in death of woman in custody
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- The results are in: Peanut the Squirrel did not have rabies, county official says
Ranking
- Retirement planning: 3 crucial moves everyone should make before 2025
- US overdose deaths are down, giving experts hope for an enduring decline
- 'Full House' star Dave Coulier diagnosed with stage 3 cancer
- Gun groups sue to overturn Maine’s new three-day waiting period to buy firearms
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Glen Powell responds to rumor that he could replace Tom Cruise in 'Mission: Impossible'
- The results are in: Peanut the Squirrel did not have rabies, county official says
- Quincy Jones' Cause of Death Revealed
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
Chipotle unveils cilantro-scented soap, 'water' cup candles in humorous holiday gift line
American arrested in death of another American at luxury hotel in Ireland
Horoscopes Today, November 13, 2024
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
Chrysler recalls over 200k Jeep, Dodge vehicles over antilock-brake system: See affected models
Walmart Planned to Remove Oven Before 19-Year-Old Employee's Death