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Xi Jinping holds ‘candid’ talks with heads of European Commission and EU Council in Beijing
Brussels’ worries about trade deficit fuelled by soaring lending to Chinese manufacturers
German carmaker hired consultancy and local law firm to look into factory after complaints by investors and rights groups
Also in this newsletter: France’s selective bashing of Chinese electric vehicles
EU believes ramping up pressure on Beijing is the only way to tackle huge bilateral trade deficit
BusinessEurope claims that anti-espionage amendments make the relationship with China ‘challenging’
Competition commissioner says inquiry could follow similar move to challenge China’s sales of electric vehicles in Europe
Valdis Dombrovskis claims ‘sufficient prima facie evidence’ to examine foreign electric-vehicle makers’ operations
Berlin and carmakers back UK call for three-year pause on requirement for batteries to be produced locally
Signal of willingness to engage as Brussels trade chief Valdis Dombrovskis warns two sides could ‘drift apart’
Valdis Dombrovskis demands greater access for European companies in Financial Times interview
Valdis Dombrovskis will face resistance over EV anti-subsidy probe as he pushes to rebalance €400bn deficit
Commissioner Valdis Dombrovskis’ visit comes as Brussels opens anti-subsidy probe into electric vehicles
Business group says concerns Europe’s automotive sector could be swamped are ‘understandable’
Diplomats warn against provoking Beijing to avoid delaying bloc’s climate ambitions
Resentment is brewing that Brussels’ subsidies probe against Beijing benefits French rivals
Central bank says operations susceptible to trade disruption as foreign minister backs Brussels’ electric vehicle probe
Brussels is wary that Beijing could target specific sectors in individual countries of the bloc
Resorting to protectionist measures is not in Brussels’ long-term interests
Beijing warns anti-subsidies investigation will have negative impact on relations
Italy seeks to extricate itself from Beijing’s flagship foreign policy initiative without provoking its wrath
Deputy chancellor urges stricter controls on overseas groups’ operations in critical sectors such as semiconductors and AI
Bloc faces ‘devilishly difficult’ task of reducing dependence on Beijing after stepping into gaps left by US, say analysts
Company says mining groups need more support to develop critical resources for electric car batteries
Restrictions in sensitive areas should allow commerce to flourish in others
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