BEIJING - China and the European Union (EU) have confirmed the official establishment of China-EU trade and investment consultation mechanism as the two sides held the first meeting of the mechanism, according to a joint statement issued on Tuesday.

Prospects of an inaugural meeting under the China-EU trade and investment consultation mechanism, scheduled for next week, have become increasingly uncertain despite intensive…

Chief trade negotiators from the two sides launch a consultation mechanism focused on trade imbalances, export controls and other disputes.

By Zhang Zhouxiang in Brussels and Zhong Nan in Beijing |