Rubio to meet China's foreign minister in Malaysia
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The European Parliament condemned China on Thursday over its export restrictions on rare earths and insisted the European Union must reject any attempts by Beijing to use the restrictions to force concessions from the bloc.
European Commission President Ursula von der Leyen said that there needed to be a “genuine rebalancing” in the China-Europe relationship.
A European business group in China has criticized Beijing’s retaliatory measures targeting medical device makers from the European Union, saying the move worsens ties between the two economic powers.
China is willing to work with the European Union to further expand bilateral market access, strengthen dialogue on government procurement and export controls, and deepen collaboration along industrial and supply chains, the Ministry of Commerce said on Thursday.
Makers of the most advanced artificial intelligence systems face obligations for transparency, copyright protection and public safety. The rules are not enforceable until next year.
China hit back at the European Union’s restrictions on its medical device makers while maintaining key exceptions, adding uncertainty to ties ahead of a high-stakes summit later this month.
China has barred European medical device companies from selling to its government in response to EU trade restrictions