EU moves to strengthen China policy amid deepening trade deficit
- 1The European Commission sent envoy Maros Sheftsovich to Beijing to reduce the 360 billion euro portion of the EU's 410 billion dollar trade deficit with China.
- 2The European Parliament passed a resolution to strengthen China policy on Wednesday by a vote of 454 to 86.
- 3China launched an anti-dumping investigation into EU p-nitrotoluene exports over the weekend.
So what's the key point?
The European Union sent an envoy to China to try to reduce trade losses with the country. As China begins an investigation into certain chemical products, European policies are expected to become stronger.
Source Fortune · View original ↗
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