EU Trade Commissioner Seeks to Address Unsustainable Trade Deficit With China

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EU Trade Commissioner Seeks to Address Unsustainable Trade Deficit With China
Photo: Benoit Tessier/AP/TT

“Day one in China, with one goal: to start addressing our unsustainable trade deficit,” he writes in a post after meeting with business representatives from European companies in China.

According to the EU commissioner, European companies are calling for easier access to the Chinese market and stronger protection of their economic interests.

During his visit to China, Maroš Šefčovič will hold talks with the country's Minister of Commerce, Wang Wentao. The agenda includes managing the EU's trade deficit with China, estimated at more than a billion dollars a day. Another issue is possible restrictions on EU imports of Chinese hybrid cars.

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By TT News Agency. English edition by Sweden Herald, adapted for our readers

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