Is the EU About to Take on a Tougher Economic Stance Towards China?
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9 Articles
The current trade relationship with China is unsustainable. This is the conclusion reached by the European Commission following consultations with all European Commissioners. They met on Friday for an exploratory debate on how to deal with China.
Is the EU about to take on a tougher economic stance towards China?
EU Commission chief von der Leyen is pulling her team together this morning for urgent talks on whether the EU should take on a tougher economic stance towards China. The closed-door discussion is seen as a first step towards potentially stricter trade measures. Mared Gwyn reports on the story.
Svenska Dagbladet
Tariffs, quotas and investment scrutiny are pitted against increased state aid at home as the EU looks for ways to meet competition from China. Germany's stance will determine whether the headache is treated with painkillers or radiation.
The European Commission held preliminary meetings today, Friday, to address China's growing economic competition, including the avalanche of products that has hit many European industries. Beijing, for its part, progressively reduces the presence of foreign products in its own market."China is a fundamental partner, and engagement and dialogue will continue," the Commission says in a statement. "At the same time, the current state of the trade a…
Brussels Sees Current Trade Relations with China as Unsustainable and Points to a "Contant" Response
The European Commission believes that the current state of trade relations between the European Union and China "are not sustainable", and has therefore pointed to the need to seek a "contant and coherent" response to redirect economic ties with a country that continues to be considered a "fundamental partner" for the bloc.
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