Tensions in trade between China and the European Union appear to be lessening, as both sides plan to create a joint mechanism that will track the movement of goods and work to lower the surplus of imports, while new developments concerning rare earth elements are also under discussion.
China-EU Trade Tensions Ease as Joint Tracking Mechanism Planned
The European Union and China are moving towards reduced trade friction, with a new joint system to monitor goods and address import surpluses, alongside fresh developments on rare earth elements.
