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Washington Post
24-07-2025
- Business
- Washington Post
Europe and China holding scaled-back trade talks with expectations low for major agreements
BRUSSELS — European leaders are meeting with top Chinese officials in Beijing on Thursday to discuss trade, climate change and global conflicts, with observers saying expectations were low for any solid agreements. The talks, initially supposed to last two days but scaled back to one, come amid financial uncertainty around the world, wars in the Middle East and Ukraine, and the threat of U.S. tariffs. Neither the EU nor China is likely to budge on key issues dividing the two economic juggernauts.
Wall Street Journal
22-07-2025
- Automotive
- Wall Street Journal
How China Curbed Its Oil Addiction—and Blunted a U.S. Pressure Point
BEIJING—China's thirst for oil drove global demand for decades. Now a government campaign to curb that addiction is nearing a milestone, with national consumption expected to peak by 2027, then begin to fall. Chinese officials have long worried that the U.S. and its allies could hamstring the nation's economy by choking off its supply of foreign oil. So China has poured hundreds of billions of dollars into weaning itself off the imported stuff by reviving domestic production and swiftly building the world's leading electric-vehicle industry.
