Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Finance

China, EU discussed trade cooperation, issues ahead of summit

Published by Global Banking and Finance Review

Posted on July 23, 2025

Featured image for article about Finance

BEIJING (Reuters) -China's commerce minister and the European Union's trade chief had a "candid and in-depth" discussion on economic and trade cooperation as well as other issues that both sides face, the Chinese ministry said on Wednesday.

The call comes days before the China-EU summit on Thursday in Beijing, when EU leaders plan to press China on rare earth supplies and the war in Ukraine.

Chinese Commerce Minister Wang Wentao and EU trade commissioner Maros Sefcovic spoke over a video call on Tuesday, during which Wang also conveyed solemn representations on the EU's listing of two Chinese banks under its sanctions against Russia.

China has called the EU's accusations against the two financial institutions "groundless" and said it opposes the unilateral sanctions that lack basis in international law.

(Reporting by Liz Lee and Xiuhao Chen; Editing by Christopher Cushing and Kim Coghill)