Wang Wentao

Beijing urged the Netherlands to ensure fair treatment for Chinese companies and maintain stable chip supply chains during a visit by the Dutch trade minister. The discussion aimed to address tech tensions with Washington and resolve past friction over Nexperia, as per a statement by Commerce Minister Wang Wentao.

China proposed increasing purchases of EU goods to reduce the trade gap and ease trade war risks during talks with EU trade chief Maros Sefcovic. Discussions included potential purchase agreements and lower tariffs on EU imports.

China indicated openness to reducing its large trade surplus with the European Union during talks in Brussels. Chinese Commerce Minister Wang Wentao and EU trade chief Maros Sefcovic discussed potential purchase agreements for European goods and lowering tariffs on EU-made products.

UK Trade Secretary Peter Kyle is hosting a Chinese delegation, including Commerce Minister Wang Wentao, to launch a 'trade booster' initiative aimed at increasing UK services exports to China. The 15th UK-China Joint Economic and Trade Commission meeting is being held in London, with British companies like Brompton Bikes and HSBC participating.

China and the European Union released a joint statement following talks between China’s Minister of Commerce, Wang Wentao, and the EU’s trade chief, Maros Sefcovic, in Brussels. The statement outlines plans to establish a joint platform to monitor trade flows and create working groups to address bilateral economic tensions.

The EU and China agreed to address trade tensions through dialogue, acknowledging unsustainable trade imbalances and China's export controls. EU trade commissioner Maros Sefcovic and Chinese Commerce Minister Wang Wentao emphasized monitoring trade flows and avoiding conflict, with a follow-up meeting planned in October.

The European Union and China agreed to establish a Trade and Investment Consultation Mechanism to address growing commercial tensions and the EU's trade deficit. The platform will focus on trade balancing, export controls, intellectual property, and WTO reform, with a working group to monitor trade flows and prevent destabilizing import spikes.

EU leaders requested the European Commission to develop new trade defense tools against China's economic influence, with Germany supporting a stronger stance. The Commission will assess existing tools and propose measures, as China's subsidies and low-priced goods threaten EU businesses.

EU Trade Commissioner Maroš Šefčovič advocates for a new diversification instrument to reduce European industry's reliance on single suppliers in critical sectors like microchips and rare earths. He references the Energy Union model and emphasizes securing three different suppliers for critical materials, citing China's export restrictions and the EU's over 90% dependency on China for rare earths as key challenges.

EU trade chief Maroš Šefčovič advocates for a new 'diversification instrument' to reduce reliance on China in critical sectors like chips and rare earths. He references the Energy Union model and highlights vulnerabilities exposed by China's export controls, with EU leaders planning to address China's industrial overcapacity at a June summit.

EU trade chief Maros Sefcovic will meet China’s international trade envoy Li Chenggang in Paris on Thursday during an OECD ministerial meeting to address tensions. The meeting precedes Commerce Minister Wang Wentao’s visit to Brussels on June 28 and 29.

China's Commerce Minister Wang Wentao is expected to visit Brussels on June 29-30 for negotiations with EU trade chief Maros Sefcovic amid escalating trade tensions. The visit follows high-level EU discussions about addressing perceived industrial threats from Chinese economic policies. The European Commission is preparing to address these trade disputes.