European Trade Commissioner Maros Sefcovic heads to Beijing on Wednesday for key talks designed to reduce the European Union's growing trade deficit with China, which threatens to destroy EU industry and many thousands of jobs. Sefcovic will meet Chinese Commerce Minister Wang Wentao on Thursday and Friday after three months of discussions over the EU's goods trade deficit of more than €1 billion ($1.12 billion) a day and Chinese curbs on exports of rare earths and other critical minerals.