Current:Home > StocksDivides over trade and Ukraine are in focus as EU and China’s leaders meet in Beijing -ChatGPT
Divides over trade and Ukraine are in focus as EU and China’s leaders meet in Beijing
View
Date:2025-04-12 07:22:44
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! (387)
Related
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Christine Quinn Accuses Ex of Planting Recording Devices and a Security Guard at Home in Emergency Filing
- Peep Dua Lipa’s Polarizing Belly Button Dress at TIME100 Gala Red Carpet
- The Best Waterproof Jewelry for Exercising, Showering, Swimming & More
- What do we know about the mysterious drones reported flying over New Jersey?
- Psst! Target’s Spring Home Sale Has Hundreds of Deals up to 50% off on Furniture, Kitchen Items & More
- What age are women having babies? What the falling fertility rate tells us.
- Philadelphia Eagles give wide receiver A.J. Brown a record contract extension
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Robert Irwin, son of 'Crocodile Hunter', reveals snail species in Australia named for him
Ranking
- B.A. Parker is learning the banjo
- 'I haven't given up': Pam Grier on 'Them: The Scare,' horror and 50 years of 'Foxy Brown'
- Philadelphia 76ers star Joel Embiid scores 50 vs. Knicks while dealing with Bell's palsy
- Body believed to be that of trucker who went missing in November found in Iowa farm field
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Jelly Roll teases new song, sings 'Save Me' at pre-NFL draft concert
- NFL draft attendees down for 3rd straight year. J.J. McCarthy among those who didn’t go to Detroit
- Former Slack CEO's 16-Year-Old Child Mint Butterfield Reported Missing
Recommendation
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
U.S. birth rate drops to record low, ending pandemic uptick
Iranian rapper Toomaj Salehi sentenced to death for backing protests
Was there an explosion at a Florida beach? Not quite. But here’s what actually happened
Sam Taylor
Florida man charged with first-degree murder in rape, killing of Madeline 'Maddie' Soto
Powerball winning numbers for April 24 drawing with $129 million jackpot
Gigi Hadid and Bradley Cooper's Romance Is Limitless in Cute Photo From Her Family Birthday Dinner