TradeBloc's trade chief under pressure to return from Beijing with 'tangible' outcomesEuropean Commissioner for Trade and Economic Security Maros Sefcovic is in Beijing for talks with Chinese Minister of Commerce Wang Wentao to cut the EU's trade deficit with China. © ReutersOctober 9, 2026 18:18 JSTLONDON/TOKYO -- European and Chinese negotiators on Friday were due to wrap up two days of talks aimed at cooling tensions fueled by the bloc's $1.12 billion daily deficit with the world's No. 2 economy.