Beijing, as a vote on EU duties on China-made electric vehicles looms, employed a carrot-and-stick approach to deal with the 27-strong bloc, threatening...
BEIJING - Beijing , as a vote on EU duties on China -made electric vehicles looms, employed a carrot-and-stick approach to deal with the 27-strong bloc, threatening trade retaliation while cajoling key EU states into one-on-one talks on deals and investments.
According to a Spanish government source, Sanchez's delegation came away feeling "Spain is more important now", and that an agreement over tariffs on its pork products was close. Chinese Commerce Minister Wang Wentao will visit Europe next week and hold talks with EU trade chief, Valdis Dombrovskis. But positions within the EU remain diverse. Some smaller states are keeping their heads down. Others are prioritising ties closer to home.
He Yongqian, a Chinese commerce ministry spokesperson, said "relevant evidence shows Canada's rapeseed exports to China have been dumped and caused substantial damage to domestic industry," when asked to explain the difference in approach.On the contrary, Beijing has clearly been open to negotiation with the EU, said Even Pay, an analyst at Beijing-based Trivium China who specialises in agriculture.
If Aesop were alive today he would find plenty of material for some 21st century fables in the actions of certain rugby administrators.FTSE 100 Live 13 September: Index holds gains after strong US session, oil price higher
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