Europe depends on imports of critical minerals from the People’s Republic but seeks to diversify.
Representatives of China and the European Union met to discuss potential cooperation on raw materials and automobiles, Reuters rapports citing the Chinese Ministry of Industry and Information Technology. According to the news agency, Xin Guobin, the Ministry’s head, convened with Kerstin Jorna, European Commission Director-General for Internal Market, Industry, Entrepreneurship, and Small and Medium Enterprises, regarding mutually beneficial partnerships.
The meeting comes amid challenging times in European-Chinese relations. The European Union is seeking ways to reduce its resource dependency on the industry leader; EU Commission President Ursula von der Leyen called for reducing economic risks last year regarding the dependency.
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