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EU’s Sefcovic Heads to Beijing to Avert Trade War

By Drooid · · How we work

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Story summary
  • EU trade chief Maros Sefcovic will travel to Beijing on Thursday for two days of make-or-break meetings.
  • The talks aim to stave off a trade war between the EU and China.
  • The EU has toughened its stance toward Beijing to protect businesses from perceived unfair competition in cars.
  • European leaders warn of a “China Shock 2.0,” saying Chinese firms’ high-tech shift threatens traditional EU industries.