EU rejects trade talks with China

The European Union's refusal to hold high-level trade and economic negotiations with China led to the China-Europe summit, and then failed to make progress in multiple trade negotiations.

According to a special report published by the "Financial Times" on June 17, although China is currently considering holding these negotiations, the European Union believes that no substantial progress has been made in trade negotiations between China and the European Union, so holding negotiations is inappropriate.

The report also quoted a senior official in the European Union as saying: "The European Union will agree to conduct these negotiations only if an enforceable agreement is not reached at the summit."

In the past few months, multiple trade disputes have emerged between the EU and China, where the EU has determined that China's electric car industry will benefit from huge subsidies from the Chinese regime and additional tariffs on Chinese electric cars. China has also taken some customs measures against it.

According to informed sources, China's control over rare element exports in response to tariffs imposed by US President Trump in April has also affected European companies, deepening tensions between China and Europe.

Currently, China's Ministry of Commerce responded to questions from the Financial Times. Meanwhile, Chinese Foreign Ministry spokesman Guo Jiakun said at a regular press conference yesterday that China and Europe have exchanged views on economic and trade issues, and that China wants to cooperate with the European Union to promote high-level dialogue and cooperation and promote the stable development of Sino-European relations.

According to the news, the China-Europe Leaders Summit will be held this year from July 24 to 25 in Beijing and Anhui Province.