Brussels, Beijing Set Framework for Strained Trade Ties
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China and the European Union agreed to create a new ministerial trade and investment consultation mechanism, opening a structured channel to manage disputes over market access, export controls and a widening trade imbalance.
Chinese Commerce Minister Wang Wentao and European Commission trade and economic security chief Maroš Šefčovič chaired the first meeting at EU headquarters in Brussels on Monday and issued a joint statement afterward.
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