BRUSSELS: The European Union will discuss a more defensive strategy on China on Thursday (Mar 21), potentially signalling an end to the unfettered ...
BRUSSELS: The European Union will discuss a more defensive strategy on China on Thursday , potentially signalling an end to the unfettered access that Chinese business has enjoyed in Europe but which Beijing has failed to reciprocate.
According to a draft April summit statement seen by Reuters, the EU is seeking to set deadlines for China to make good on trade and investment pledges that have been repeatedly pushed back, although Beijing must still agree to the final text. Chinese trade restrictions are more severe than EU barriers in almost every economic sector, according to research firm Rhodium Group and the Mercator Institute for China Studies.
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