China has stepped up efforts to attract foreign investors, as policymakers look to bolster the domestic economy and safeguard its position in global supply chains amid negotiations with major trade partners. New tax breaks unveiled this week aim to encourage foreign firms to reinvest profits locally – part of a broader effort to restore confidence and signal openness as challenging trade talks continue with the European Union and United States. The Ministry of Commerce, the Ministry of Finance... Economics
Exclusive: Beijing ties cognac deal to EV tariff talks with Europe Reuters Economics
A month out from a crunch summit between Chinese President Xi Jinping and the leaders of the European Union, senior EU officials have landed on an unsavoury term to describe their trade ties with China: “the stinking fish.” The analogy, used when briefing member state diplomats on progress in trade talks with China, refers to the European Commission’s frustration that each of its top demands from Beijing is around the removal of measures that were introduced to punish Europe or the US. Brussels... Politics
During thorny human rights talks with China on Friday, the European Union voiced concerns about what it called a “deterioration of fundamental freedoms” in the country. The EU cited “government interference” in the succession plan for the Dalai Lama, an ongoing crackdown in Hong Kong, and jailed Uygur and Tibetan activists as examples in its statement on the 40th edition of the EU-China Human Rights Dialogue in Brussels. The bloc accused China of “persistent restrictions on freedom of... Events
Europe stocks trim losses as U.S. says China trade talks 'going well' on second day CNBC Politics
China and the European Union have agreed to hold a new round of trade talks to pave the way for a high-level leaders’ summit next month, but analysts said it remained to be seen whether the two sides could resolve the impasse in their bilateral economic relations. The talks were announced by the European Commission following a meeting between China’s commerce minister, Wang Wentao, and EU trade chief Maros Sefcovic on the sidelines of a World Trade Organization event in Paris on Tuesday. They... Economics
