China and the European Union will hold ministerial-level trade talks once or twice a year, China’s Commerce Ministry said Thursday, as the two sides work to increase and rebalance trade.
Rescue mission launches to save NASA telescope that’s falling back to Earth.
The EU faces growing pressure to reduce its trade deficit with China, which widened to about 360 billion euros (USD 410 billion) last year, nearly 1 billion euros a day. Chinese cars and batteries are among items increasingly exported to Europe.