The Jakarta Post
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsChina says can avoid 'escalation' after EU trade talks
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Set as preferred source
European Commissioner for Trade and Economic Security Maros Sefcovic answers questions from journalists at a press briefing at the EU Delegation to China in Beijing on Oct. 9, 2026. (Reuters/Florence Lo)
C
hina and the European Union can avoid "escalation" in various contentious disputes, Beijing said on Saturday, as worries of a damaging trade war simmer.
Discussions this week in Beijing between Chinese Commerce Minister Wang Wentao and EU counterpart Maros Sefcovic were "successful" and marked "a new starting point", China's commerce ministry said in an online statement.
"The outcomes and consensus reached by both sides fully demonstrate that China and the EU have both the willingness and the wisdom to manage and properly handle differences through dialogue and consultation, and to effectively avoid escalation of frictions," it said.
Sefcovic said Friday after the conclusion of two-day talks that Beijing had agreed to "moderate" exports of hybrid vehicles to the 27-nation bloc, where local automakers are increasingly feeling pressure from Chinese competitors.
The EU trade chief told reporters that the deal "opens the prospect of cutting China's export [of hybrids] by more than a half", based on projections over a four-year period.
Shipments of vehicles to the EU are among the most controversial in China's mounting trade surplus with the bloc that now reaches around 1 billion euros (US$1.1 billion) a day.
Many in Europe accuse China of unfair trade practices, including supporting firms with huge subsidies, price dumping and currency manipulation.
Exacerbating the issue is a persistent demand slump in China's domestic economy, prompting manufacturers to seek alternative markets abroad.
A joint statement published on Friday said the two sides had "reached an understanding on trade in hybrid vehicles in a [World Trade Organization] compliant manner", describing the discussions as "intensive".
Beijing's commerce ministry said on Saturday that the talks included "in-depth discussions on trade in electric vehicles and hybrid vehicles, avoiding escalation of the situation and effectively safeguarding the practical export interests of Chinese enterprises".
The talks this week also saw China commit to continue the supply of vital items including rare earth minerals to the EU – a topic closely followed since Beijing's introduction of export license requirements last year.
"Both sides will continue to step up work on important economic and trade issues of common concern," Beijing's commerce ministry said, adding that the next such meeting will be held in March.
