European nations, including Spain, are developing strategies to de-risk from China and counter trade deficits.
1 report, 1 independent
Updated Jun 21
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What happened
European nations, including Spain, are developing strategies to de-risk from China and counter trade deficits.
Who's involved
What this event is mainly aboutKeep exploring
Part of
European nations are facing unsustainable trade deficits and supply chain risks due to heavy dependence on China.Also in this story
- Cognac producers are seeking EU support due to sales decline caused by trade disputes with China.
- BMW CEO advises on trade policy regarding Chinese imports amid unsustainable trade deficits.
The entities involved
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Europe
terrestrial continent located in north-western Eurasia
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European Commission
executive branch of the European Union
Related events
- The European Commission is concerned about the unsustainable trade deficit with China, prompting the consideration of protective measures.
- The European Commission crafted an ambitious policy framework addressing decarbonization challenges and China's industrial policy.
- Europe acknowledged a shared need to de-risk its dependence on the United States.
- Chinese exports are challenging established European industries, with particular attention paid to high-end goods like those produced by Gucci.
- Europe is discussing a tougher approach to China regarding industrial overcapacity and subsidized exports.