EU trade chief warns of ballooning deficit with China

Beijing (AFP) – Speaking at the end of a four-day trip to China, the EU trade commissioner Valdis Dombrovskis raises the issue of Europe’s ballooning trade deficit with China, which he says has reached 400 billion euros ($423 billion). Economic relations between China and the EU were thrown into the spotlight this month after the bloc launched a probe into Chinese subsidies for its electric vehicle industry.


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