EU to China: your ‘impressive rise’ must not crush our industries
Bloc’s trade chief urges Beijing to ‘address systemic issues’ like market access barriers and critical minerals export restrictions

“Hence, our calls on China to address systemic issues affecting Europe and other partners, such as overcapacity, subsidies, market access barriers, critical minerals export restrictions, investment conditions and trade diversion,” the Slovakian official said at the Brussels Economic Security Forum.
“We are committed to rebalancing this relationship and establishing a level playing field in trade and investment, with symmetrical market opening.”
Sefcovic met Wang on the sidelines of an OECD ministerial summit in Paris and said he raised as a top priority China’s export controls on rare earth minerals and magnets, which have threatened to undermine European industries.