US and EU unite to address China's growing influence.

The EU and US are set to pledge joint action to tackle concerns about non-market practices and coordinate their export controls on semiconductors and other goods at a meeting this month. The two sides will address non-market practices and economic coercion, and aim to hold regular talks on efforts to stop their companies' knowledge linked to outbound investment supporting technologies of strategic rivals - an oblique reference to China. They will also coordinate on their export controls on "sensitive items" - including goods that have a military use - and semiconductors.