Key facts
- EU officials will visit Beijing to discuss yuan appreciation.
- The aim is to reduce the EU-China trade gap.
- Maarten Verwey will lead the delegation.
Top European economic and finance officials are scheduled to visit Beijing in the week of November 23, seeking to persuade Chinese policymakers to allow the yuan to strengthen. The delegation, led by Maarten Verwey, the European Commission’s director general for economic and financial affairs, aims to help shrink the widening trade gap between the European Union and China. A further joint mission is expected around year-end.