EU Takes Tough Stance on China's Trade Practices at Summit

TL;DR
China has rejected a complaint by the European Commission President over the EU's trade deficit with China, stating that the EU bears responsibility for the imbalance due to restrictions on high-tech exports. The Chinese Foreign Ministry spokesperson argued that the current state of trade is influenced by macroeconomic factors, international trade conditions, and the industrial composition of both sides. The EU has been highlighting its trade deficit with China, which reached a record €390 billion in 2022, ahead of the summit between European and Chinese leaders.
- China rejects EU's trade deficit complaint – POLITICO POLITICO Europe
- EU to issue firm words at China summit with limited expectations Reuters
- Why the EU must not spurn China’s charm offensive South China Morning Post
- EU to press China on industrial overcapacity at Beijing summit Financial Times
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