Current:Home > FinanceDivides over trade and Ukraine are in focus as EU and China’s leaders meet in Beijing -Capitatum
Divides over trade and Ukraine are in focus as EU and China’s leaders meet in Beijing
View
Date:2025-04-15 15:08:48
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! (171)
Related
- Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
- Carnie Wilson says she lost 40 pounds without Ozempic: 'I'm really being strict'
- Kamala Harris blames Trump for abortion bans during Arizona visit
- How could Iran's attack on Israel affect gas prices? What you should know
- 9/11 hearings at Guantanamo Bay in upheaval after surprise order by US defense chief
- 'Civil War': Kirsten Dunst, Cailee Spaeny break down 'heartbreaking' yet disturbing ending
- Powerball winning numbers for April 13 drawing: Did anyone win $46 million jackpot?
- 2024 Boston Marathon: How to watch, stream, route and start times
- NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations
- AP Source: General Motors and Bedrock real estate plan to redevelop GM Detroit headquarters towers
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- It withstood hurricanes, lightning strikes and pests: 'This tree is a survivor'
- Poland's parliament backs easing of abortion laws, among the strictest in Europe
- Man falls to death at oceanfront hotel trying to escape sixth-floor shooting, police say
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Here's what time taxes are due on April 15
- Critics call out plastics industry over fraud of plastic recycling
- Caitlin Clark joins 'Weekend Update' desk during surprise 'Saturday Night Live' appearance
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Brittney Griner and Cherelle Griner Expecting First Baby Together
Roberto Cavalli, Italian fashion designer known for his sexy style, dies at 83
Loretta Lynn's granddaughter Emmy Russell stuns 'American Idol' judges: 'That is a hit record'
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
Surprise! Gwen Stefani, No Doubt team up with Olivia Rodrigo at Coachella on 'Bathwater'
'Pirsig's Pilgrims' pay homage to famous 'Zen' author by re-creating his motorcycle ride
2024 WNBA mock draft: Caitlin Clark, Cameron Brink at top of draft boards