BUSINESS● ELEVATED5d ago · Oct 8, 2026, 12:15 PM
EU trade envoy eyes yawning goods deficit on first day of China visit
France 24 [en] · global
The EU's trade commissioner, Maros Sefcovic, arrived in Beijing this Thursday for two days of talks with his Chinese counterpart Wang Wentao. Sefcovic stated his goal of "rebalancing" an "unsustainable trade deficit". One particular area of concern is the auto sector, where Chinese hybrid vehicles have increased their European market share to 25 percent. Also in this edition: Microsoft unveils its new AI-powered PCs in a bid to rival Apple.
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESSnowWhy Ecobank's opening to the yuan changes the game for the continentJeune AfriqueBUSINESS29m agoNigerians still suffer high cost of living, despite economic growth — IMFVanguard Nigeria