EU trade envoy opens talks with Beijing, says China trade deficit ‘unsustainable’

European Union trade envoy Maros Sefcovic has commenced two days of high-level talks in Beijing, addressing the bloc's economic relationship with China. During the meetings, Sefcovic characterized the current EU-China trade deficit as unsustainable, pointing to the need for structural corrections in bilateral commerce.

The discussions are aimed at averting a potential trade war between the two economic powers. As part of these diplomatic efforts, Sefcovic has explicitly called for improved access to the Chinese market for European businesses, alongside enhanced measures regarding economic security.