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EU seeks to rebalance 'unsustainable' trade deficit with China

Original: déficit

The European Commissioner for Trade is pressing Beijing to address what he calls an 'unsustainable' trade deficit between the EU and China. The comments come amid ongoing tensions over market access, Chinese exports and European industrial competitiveness, with the EU demanding a rebalancing of trade relations that it sees as heavily tilted in China's favour.

Why now: Fresh statements from the EU trade commissioner about the imbalance in EU-China trade are drawing attention in France.

European CommissionChinaEuropean UnionBoursorama

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