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EU’s Von der Leyen pitches raw materials corporation to curb China dependence

By Oscar Pandiello ( September 16, 2026, 08:07 GMT | Insight) -- The EU will create a corporation to obtain and stockpile critical raw materials, European Commission President Ursula von der Leyen said in her annual State of the Union address, warning that the bloc’s €1 billion-a-day trade deficit with China had reached a “tipping point.” She also demanded results by October from talks with Beijing on market access, subsidies and overcapacity.The EU will establish a body to help secure and stockpile critical raw materials, European Commission President Ursula von der Leyen has said, warning that the bloc’s growing trade deficit with China had reached a “tipping point.”...

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