EU leaders ask Brussels to come up with new trade weapons to counter China shock

Source: China – South China Morning PostEuropean Union national leaders have asked Brussels to come up with new trade instruments to deal with the economic threat posed by China, following a rare summit debate about Beijing late on Thursday night.
After a two-hour discussion, the EU’s executive branch was told to engage with China to try to fix the persistent trade problems, according to a Brussels official.
But it was also instructed “to develop and eventually complement the toolbox in the area of trade defence and industrial policy…Read More

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