EU dispatches top trade envoy to Beijing amid escalating economic anxiety over Chinese exports
The European Union is preparing for a confrontation with China as a trade deficit exceeding $1 billion daily intensifies concerns over potential job losses, prompting EU leaders to adopt a more assertive stance. The European Commission's top trade envoy, Maros Sefcovic, is in Beijing for a two-day meeting with Chinese Commerce Minister Wang Wentao, aiming to reduce the EU's 360 billion euro ($410 billion) trade deficit.
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