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China dismisses EU trade deficit concerns as leaders meet

Xi Jinping holds ‘candid’ talks with heads of European Commission and EU Council in Beijing

China has dismissed growing concern in Brussels over the country’s record €400bn trade surplus with the EU in 2022, saying the gap will be significantly narrower this year.

The comments came as European Council president Charles Michel and European Commission president Ursula von der Leyen met President Xi Jinping and his number two Li Qiang in Beijing on Thursday for the first in-person EU-China summit since the pandemic.

In what Beijing called “candid” talks, the two sides discussed issues including trade differences, climate change co-operation, and the wars in Ukraine and Gaza, but did not achieve any major breakthroughs.

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