China and EU Discuss Global Imbalances

Chinese Finance Minister Lan Foan met with top European Union officials in Bangkok to discuss global economic governance and macro policy coordination. The talks follow a recent agreement to limit Chinese hybrid car exports to the bloc.

EU and Chinese flags are seen in this illustration taken, March 20, 2025. REUTERS/Dado Ruvic/Illustration

China offered deeper policy coordination with the European Union on Friday afternoon to address global economic imbalances. Finance Minister Lan Foan made the remarks during a meeting in Bangkok with key bloc officials. The discussions follow a recent agreement to limit hybrid car exports as bilateral trade tensions persist.

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