EU Trade Chief Heads to China With Anti-Subsidy EV Probe Looming Over Relationship

  • EU’s Valdis Dombrovskis heads to China for four-day trip
  • The trip comes after the EU launched an EV anti-subsidy probe
WATCH: Ursula von der Leyen says the European Union needs to investigate “massive subsidies in the EV sector in China.” (Sept. 19)Source: Bloomberg
Lock
This article is for subscribers only.

A typically routine forum for trade talks between China and the European Union this weekend becomes a high-stakes test of an economic relationship involving more than $900 billion in bilateral commerce.

That’s because the EU’s ties with China are in a precarious state, and during high-level meetings over the coming days, the 27-nation bloc’s trade chief will tell Beijing concrete agreements are needed in an effort to reset the relationship. If not, things could get even worse.