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Von der Leyen turns up pressure on China over trade deficit
Summary by Euronews
2 Articles
2 Articles
Von der Leyen turns up pressure on China over trade deficit
The European Commission's president said that the EU’s trade relationship with China had to be rebalanced, and pointed out that the bloc's trade defence investigations into Chinese products had ramped up significantly in recent years.
·Lyon, France
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What has happened? Ursula von der Leyen has called for rebalancing the EU’s trade deficit with China and warns that Brussels will activate all trade defence instruments if there is no progress by October. The deficit is €1 billion a day. Who is behind it? The President of the European Commission, at the MEDEF business forum in Paris, with mandate from European leaders since June. Beijing responded by banning its companies from participating in E…
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