More than two years after launching its economic security strategy and with the world swept up in economic warfare, the European Union still cannot decide what economic security means. Despite this, under the strain of US tariffs and Chinese export controls, the bloc is preparing to unveil a new “economic security doctrine” in early December,…
China’s suspension of sweeping rare earth export controls has lent “new stability” to its ties with the European Union, the bloc’s ambassador to China has said, suggesting that the two sides now have a window to improve frosty relations. Speaking at a forum in Beijing on Thursday, Jorge Toledo initially offered a bleak assessment of…
The European Commission claimed on Saturday that it has reached an agreement with China’s commerce ministry to restart the flow of semiconductors that had been disrupted by a crisis surrounding the company Nexperia. EU trade chief Maros Sefcovic said on social media that, effective immediately, exports of the company’s chips to the bloc for non-military…
The European Union welcomed China’s suspension of expanded rare earth restrictions imposed last month, even as crisis talks in Brussels on Friday appeared to yield no relief for European firms still constrained by the original export controls. After a full day of talks in the Belgian capital, the European Commission described the pause in controls…
The European Union is looking into setting pre-conditions for Chinese companies investing in Europe, including transfers of technology and know-how, the EU trade chief and Denmark’s foreign minister said on Tuesday. EU ministers discussed the bloc’s economic security during a meeting hosted by Denmark, now holding the bloc’s rotating presidency, ahead of a comprehensive paper…
European Union leaders still want to collaborate with the United States on China policy – even as Washington’s envoys continue to slam the bloc’s digital laws. The dynamic played out at a forum in Brussels on Tuesday, where American diplomats bashed Europe’s green, digital and economic policies, insisting that the EU would need to change…
After tense talks in Beijing and a bruising trade blow from Washington, EU bureaucrats are heading into their August break weary and short of wins, as doubts deepen over the bloc’s global leverage. Last week’s summit in Beijing went off without too much drama, seen as an achievement in itself, given how fraught EU-China ties…
Nor would taking Russian energy out of the equation make much difference: The bloc spent just €23 billion on oil, gas and nuclear imports from Moscow last year. At the same time, the U.S. only sent $166 billion in oil and gas abroad last year, Page explained, meaning it would have to divert all its…
China and the European Union have largely finalised the “technical” part of negotiations towards resolving their electric vehicle (EV) tariff dispute, with the deal now hinging on “political will” from the European side, according to Chinese state-affiliated media. Yuyuan Tantian, a social media account linked to state broadcaster CCTV, reported on Friday night that the…