Finance
EU's Kallas warns that China needs to rebalance trade relationship with EU
Published by Global Banking & Finance Review®
Posted on July 2, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 2, 2025
1 min readLast updated: January 23, 2026
EU's Kallas urges China to rebalance trade ties and warns that China's support for Russia threatens EU security.
BRUSSELS (Reuters) -The European Union's top diplomat Kaja Kallas told Chinese foreign minister Wang Yi on Wednesday that Beijing needed to rebalance its trade relationship with the EU and warned Chinese companies' support for Russia's war in Ukraine posed a serious threat to European security.
"She also called on China to put an end to its distortive practices, including its restrictions on rare earths exports, which pose significant risks to European companies and endanger the reliability of global supply chains," the EU readout said.
(Reporting by Makini Brice and Andrew Gray; Editing by Chris Reese)
Kaja Kallas warned China that it needs to rebalance its trade relationship with the EU.
She called on China to put an end to its distortive practices, including restrictions on rare earths exports.
The restrictions on rare earths exports pose significant risks to European companies and endanger their reliability.
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