EU Trade Chief Vows to Tackle Unfairness with China, Urges Balanced Trade

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Source: South China Morning Post
EU Trade Chief Vows to Tackle Unfairness with China, Urges Balanced Trade
Photo: South China Morning Post
TL;DR Summary

The European Union's trade chief, Valdis Dombrovskis, has warned that the EU will adopt a more assertive approach in addressing "unfairness" in its economic relations with China. Dombrovskis emphasized the need for a level playing field and reciprocity in trade, stating that while the EU welcomes competition, it must be fair. He also highlighted concerns about China's position on Russia's invasion of Ukraine and the challenges faced by European companies operating in China. Dombrovskis's remarks come as he attends the China-European Union High-Level Economic and Trade Dialogue and amid tensions over the EU's probe into cheap Chinese electric vehicles flooding the European market.

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