EU trade commissioner says to meet with China’s commerce minister next week | investingLive

European trade commissioner, Maros Sefcovic, is due to meet with China’s commerce minister, Wang Wentao, next week with both sides set to discuss the recent development that saw China step up export controls on rare earth minerals. This just confirms the plans that were mentioned yesterday here.

Don’t hold your breath in expecting any major breakthroughs though. This is China’s ace card in trying to pressure the US and they will definitely use this as a bargaining chip to not allow Trump to dictate the conversation in a possible meeting with Xi Jinping later this month.