The European Union has launched an investigation into Chinese online marketplace Temu, under suspicions that it is not cracking down on the sale of illegal products and that the platform’s design is “addictive” for users. The investigation comes under the European Commission’s Digital Services Act, a powerful instrument that gives it sweeping powers over online…
Encouraging Chinese companies to set up joint ventures abroad may be Beijing’s only way out of its trade imbalances with Western countries, according to a Chinese foreign trade expert. Speaking at a round table event in Beijing on Friday, Huo Jianguo, former head of a think tank under China’s Ministry of Commerce, told representatives of…
In European Union circles, last week will be remembered for European Commission President Ursula von der Leyen’s consolidation of her position as the most powerful politician in Brussels. She vanquished her rivals and pitted her new commissioners against each other in a grand reshaping of the bloc’s executive functions, blurring the lines of reportage and…
Germany and China are actively working to convince European Union members to oppose electric vehicle tariffs during a vote next week, senior EU sources say. Berlin has been phoning other capitals in a late bid to get them to oppose the duties during a vote planned for September 25. The development comes as Chinese commerce…
When Chinese President Xi Jinping opened the China-Africa summit on Thursday, he called on the continent to join China in leading the modernisation of the Global South, which he said has suffered “injustice” at the hands of the West. In a joint action plan, China called for strengthened cooperation on supply chains and green technology…
“Europe has a China problem.” These are not words you would have heard from a budding EU trade commissioner a decade ago, when cutting juicy deals with booming economies like China was the top line of the job description. But in 2024, this might be the kind of rhetoric needed if you want to be…