EU, China talk trade as Europe’s deadline for action looms
AI Summary
European and Chinese officials are in talks in Beijing to address Europe's growing trade deficit with China, which is over €1 billion a day. With an October deadline for tangible results, EU's top trade enforcer, Denis Redonnet, leads the European delegation. These discussions underscore the escalating trade tensions and potential trade actions, highlighting the urgency for both sides to find a balanced approach to trade relations. The outcome could significantly influence global trade dynamics and economic policies.
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