Is the EU About to Take on a Tougher Economic Stance Towards China?
11 Articles
11 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.
While the European economy is struggling with problems, the EU is increasingly importing from China. With the lower prices also created by state subsidies, the EU economy cannot keep up. The EU Commission now wants to counteract and consider trade barriers. Commission President Ursula von der Leyen is facing the difficult task of pulling those EU countries on their side, who fear a trade dispute and see their relations with China at risk.
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…
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