Economy · World
EU Seeks to Rebalance Trade with China Post-Hybrid Car Deal
Following a deal on hybrid cars, the European Economic Commission has stated that the European Union needs to rebalance trade with China in other sectors. This development comes as Europe coalesces around a tougher stance on China, with reports indicating that China cannot afford to lose Europe as a trading partner amidst increasing trade barriers.
How outlets across the spectrum covered it
L 0 C 3 R 0
- Centre (3): South China Morning Post, The Economic Times, The Wall Street Journal