Thu. Nov 21st, 2024

EU Trade Chief Rules Out China Decoupling

EU Trade Chief Valdis Dombrovskis has ruled out decoupling from China, but said that the EU needs to protect itself when its openness is abused

He made the remarks during a visit to China on Saturday.

Dombrovskis said that the EU is committed to free and fair trade, but that it also needs to be able to protect its own interests.

He cited the EU’s trade deficit with China as an example of an area where the EU needs to be more assertive.

Dombrovskis also said that the EU needs to reduce its reliance on China for strategic goods.

He said that the EU should focus on diversifying its supply chains and investing in its own production capacity.

Dombrovskis’ remarks are a sign of the growing tensions between the EU and China.

The EU is becoming increasingly concerned about China’s economic and military rise.

The EU is also concerned about China’s human rights record and its trade practices.

The EU and China are two of the world’s largest economies, and their trade relationship is worth billions of dollars.

However, the relationship is becoming increasingly strained.

The EU is trying to balance its economic interests with its security concerns.

It is unclear how the EU and China will resolve their differences.

However, it is clear that the relationship between the two sides is becoming increasingly important.

VATTAJ NEWS


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