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China and EU trade talks start in Beijing, but breakthrough seen as unlikely
Chinese firms in Europe are looking for limited progress, while a Chinese source said EU Trade Commissioner Maros Sefcovic will not leave without results.
China and the European Union kicked off a fresh round of trade talks in Beijing on Thursday, with observers on both sides signaling that a major breakthrough is unlikely.
Chinese firms based in Europe said they are hoping for some limited progress to help stabilize the trade relationship.
According to a Chinese source familiar with the talks, EU Trade Commissioner Maros Sefcovic is expected to secure outcomes, even if they fall short of a sweeping agreement, and European analysts remained cautious about the potential results.