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SCI & TECHOct 16Europe promotes sovereign, trusted AI as it struggles to catch US and ChinaAt an international AI summit in Dublin, European leaders promoted trusted and independent AI. Critics question whether the EU can close the gap with the US and China while maintaining strict regulation.DW News [en]
BUSINESSOct 16EU backs trade ‘kill switch’, China exports surge, third-quarter GDPEuropean Union leaders supported creating a tool to potentially shut out Chinese goods as a growing flood of low-cost imports pushed the bilateral trade deficit to a record. Officials could start work on developing a trade “kill switch”, European Commission President Ursula von der Leyen signalled to EU leaders at a Brussels meeting on Thursday, the South China Morning Post reported, citing unidentified people briefed on the talks. Leaders requested a proposal by year-end, Bloomberg News said....South China Morning Post
POLITICSOct 15Europeans ‘far more united’ on tougher China trade stance after German shift, Barkin saysEuropeans ‘far more united’ on tougher China trade stance after German shift, top expert Noah Barkin tells EuronewsEuroNews [en]
BUSINESSOct 15Hybrid deal with surprise benefit eases fears of EU-China trade warBeijing’s concessions to cap hybrid exports have taken the heat out of EU leaders push to get tough on ChinaIrish Times World
BUSINESSOct 15China indicates rare earths will keep flowing to EU, regardless of U.S. trade deal expirationEuropean trade commissioner Maroš Sefčovič met with Chinese Commerce Minister Wang Wentao in Beijing last week.CNBC
POLITICSOct 15EU summit to focus on China, Ukraine and bloc budgetEU leaders meeting in Brussels will examine measures to curb the bloc's huge trade deficit with China. But they will also be looking to further agreement on the next EU budget ahead of some major elections next year.DW News [en]
POLITICSOct 15EU leaders enter crunch talks on energy, China and the budgetGood morning from Brussels, where EU leaders are about to kick off a two-day summit. On their menu today: soaring energy prices, China trade ties and the showdown over the EU’s next long-term budget. Let’s dive in.EuroNews [en]
CYBEROct 15Russia and China are using AI to stage relentless cyberattacks against the UKNew Scientist
POLITICSOct 15Emboldened by hybrid car deal, Europe coalesces around tougher China stanceThe EU’s surprise deal with China on hybrid cars last week was supposed to ease the pressure on Beijing. Instead, Brussels is preparing to intensify its crackdown on Chinese trade practices, emboldened by the discovery that its threats are finally delivering results. Now, those driving trade policy for the bloc believe they have landed on a two-track formula. Intensive dialogue is seen to have yielded results and will continue. But so too will the European Union’s efforts to counter what they...South China Morning Post
POLITICSOct 14EU leaders to ‘urgently’ call for new trade weapons to tackle China shockLeaders of the EU’s 27 member states will instruct Brussels to “urgently” come up with new weapons to counter the imbalances they believe are caused by China’s economic policies, at a meeting in the Belgian capital on Thursday. The instruction – part of a draft statement being negotiated ahead of this week’s European Council summit – comes after the European Union and China reached a surprise deal in Beijing last week that will cap the number of Chinese hybrid cars imported to the bloc at...South China Morning Post
BUSINESSOct 14EU-China trade progress welcomed, yet trust issues lingerWhile a deal to reduce exports of hybrid vehicles represents an early win, tougher issues remain on the negotiating table.Politico Europe
SCI & TECHOct 14As the US and China race ahead in AI, France carves its own path with Nvidia’s helpNvidia bets almost $10 billion in Europe as Paris pushes for AI sovereignty.EuroNews [en]
BUSINESSOct 14China’s EV industry faces double blow from EU export quota, VAT rebate cutChina’s electric vehicle (EV) makers have been hit with a double blow as both Beijing and Brussels introduce measures that will affect their exports, leading analysts to revise down their earnings forecasts for the industry. The twin measures – combined with a sales decline in China’s domestic market – could create a “do-or-die moment” for some of the country’s 50-odd EV makers, ramping up financial pressure on the companies, according to industry officials. On Friday, China and the European...South China Morning Post
BUSINESSOct 14Recent EU-China talks were a 'good starting point', MEP Lange saysBernd Lange, S&D MEP and chair of the European Parliament’s International Trade Committee, hopes the EU and China can reach a “comprehensive agreement” to resolve their trade dispute by March next year.EuroNews [en]
POLITICSOct 14Europe Today: Spanish FM on Euronews, Black Sea drone attacks, EU-China resetSpain is under pressure on multiple fronts: war in Ukraine, a housing crisis, snap elections, and tension with Morocco over Ceuta. In an exclusive interview, Foreign Minister Albares tells how Madrid is coping. Plus: Drone attacks in the Black Sea, an EU-China reset, and Ireland's EU budget plan.EuroNews [en]
BUSINESSOct 13China is bringing car production to EUChina has moved from exporting cars to bringing entire auto industry ecosystems, building up production capacity in Europe and boosting partnerships with local companies. Arthur D. Little's automotive expert Philipp Seidel tells France 24 that while tariffs and quotas can buy time, EU carmakers must improve their own competitiveness and not become too dependent on Chinese suppliers. But first, we look at the latest IMF global growth forecast and warning about rising debt.France 24 [en]
BUSINESSOct 13Europe's alternative to Trump's China trade warEurope is testing a new response to China Shock 2.0, betting that it can confront Beijing's export juggernaut without resorting to President Trump's tariff-heavy approach.Why it matters: More of the world is beginning to confront the threat that China's industrial overcapacity poses to their industries. But protecting individual sectors will not solve the bigger problem: China's factories are cranking out far more than its own economy can absorb.Driving the news: The European Union and China struck a preliminary deal on Friday to sharply limit Chinese hybrid vehicle exports to Europe.The EU plAxios
BUSINESSOct 13Roche signs $1.16B obesity drug deal with China’s Rona TherapeuticsRoche has signed a $1.16 billion deal with Rona Therapeutics from China for an obesity drug. This represents a significant collaboration in the pharmaceutical industry.Seeking Alpha Tech
BUSINESSOct 13Germany's China calculation shifts as import pressures eclipse export benefitsGermany has long resisted tougher action against China, fearing retaliation. But rising pressure on key industries has pushed Berlin to seek stronger EU trade-defense powers to protect its industrial base.DW News [en]
BUSINESSOct 12Paris Motor Show kicks off as China-EU rivalry heats upThe biennial Paris Motor Show kicks off with a record number of Chinese brands descending on the French capital. European carmakers are fighting back, showcasing their latest models, as the EU announced a deal with China to limit the imports of hybrids. France 24's Charles Pellegrin has been speaking with CEOs of both Chinese and European carmakers.France 24 [en]
BUSINESSOct 12EU-China trade deal raises fears Brussels will go soft on BeijingThe EU's new trade deal with China has eased fears of an escalating trade war, but it could also weaken the political momentum behind Brussels' plans to take a tougher stance against Beijing's economic practices.EuroNews [en]
BUSINESSOct 12The China-EU Trade Truce Buys TimeFor the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.thediplomat · japan
BUSINESSOct 12The China-EU Trade Truce Buys TimeFor the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.The Diplomat
BUSINESSOct 12China, EU take a breath after surprise deal brings temporary halt to trade tussleWeeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat out of searing bilateral trade tensions and temporarily averts the prospect of a bruising trade war – a cooldown augmented by Beijing’s subsequent reduction of value-added tax (VAT) export rebates on...South China Morning Post
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