Starting in July, Türkiye will extend the 40% additional tariffs on Chinese electric vehicles to other kinds of vehicles, despite the fact that China has questioned the WTO-consistency of the tariff hike on various occasions.

During Chinese Minister of Commerce Wang Wentao's visit to Europe this week, he tried to highlight positive ties with Spain, Portugal, and Greece as a way to create leverage against the growing use of EU trade defense tools on Chinese goods and services.

Chinese President Xi Jinping's state visit to Hungary last week led to the signing of 19 economic cooperation and promotion documents, paving the way for more collaboration on technology and new energy, as China faces headwinds in the United States and Europe in these sectors. A number of

During Chinese President Xi Jinping's state visit to Serbia last week, the two governments announced that their bilateral trade agreement will enter into force on July 1, covering goods such as autos, solar modules, and lithium batteries.

Chinese Foreign Minister Wang Yi recently announced that China will lift a two-decade long ban on Spanish beef, while calling for China and Spain to work together to provide a "fair, just and non-discriminatory" business environment.

China and Serbia signed a free trade agreement (FTA) this week, as the bilateral trade between the two has risen in recent years. Serbia's possible accession to the European Union, however, puts the future of the FTA in question.

Two Chinese battery materials makers recently announced investment plans in Europe and Africa to meet the growing global demand.