China, Europe and rare earths
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Seeking détente with China, therefore, is still a dangerous game for the EU. Instead, the EU must realize it has other cards to play, including forging more advantageous trade agreements elsewhere in the world and changing China’s calculus about supporting Russia.
China and France have agreed to resolve their trade disputes through dialogue, China's foreign ministry said on Friday, though there was no indication that agreement had been reached in talks on lifting Chinese levies on European brandy.
After Donald Trump’s tariffs on China, European countries are braced for a flood of Chinese goods that might not come.
The EU has raised alarms over severe disruptions caused by China’s rare earth export restrictions, which have slashed supplies to key industries, including auto manufacturing. Exports to Germany halved in April,
China EU relations. China-EU economic and trade relations have lately displayed a complex dynamic. While the EU has introduced some policy measures to restrict market access for C
The scramble in recent weeks to secure export licences for rare earths shows China has devised a better, more precisely targeted weapon for trade war.
Bloc's trade chief urges Beijing to 'address systemic issues' like market access barriers and critical minerals export restrictions The European Union's trade chief Maros Sefcovic has warned China that its "impressive rise must not come at the expense of the European economy" as the bloc continues to push for Beijing to loosen export controls on rare earths and act on trade diversion.