EU trade chief to host China's commerce minister on June 29

Chinese Commerce Minister Wang Wentao will visit Brussels on June 29 ​for a meeting with European Trade ‌Commissioner Maros Sefcovic, a European Commission spokesperson said on Monday.

Last week, European Union leaders told ​the European Commission, which oversees the ​bloc's trade policy, to produce results from ⁠dialogue with the EU's main trading partners, ​including China, and to ensure the bloc ​has all the trade instruments it needs to defend its interests.

The Commission plans to propose ​a law requiring EU companies to ​diversify their sources of key supplies.

China's goods trade ‌surplus ⁠with the EU hit €360.6 billion in 2025, a 15% increase on 2024, and has expanded by 10% in the first ​four months of ​this ⁠year as Chinese firms have sold more to the EU the and ​imported less.

Beijing has also ​exploited ⁠its dominance in processing of critical minerals by placing export restrictions on rare earths in ⁠April ​2025, a response to ​U.S. President Donald Trump's tariffs that has also hit EU ​companies.


-Reuters