EU leaders mandate Commission to develop new tools against China's unfair trade practices
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Euractiv
Summary
EU leaders have given the European Commission a mandate to develop new tools to counter China's overcapacity and unfair trade practices, following discussions at the June European Council. While official conclusions were vague, the directive aims to strengthen the bloc's defenses while maintaining diplomatic engagement with Beijing. The article argues that without a credible plan to accelerate European competitiveness, protection of critical sectors risks becoming a managed decline.
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bskyEU leaders mandate Commission to develop new tools against China's unfair trade practiceseuractiv.comKey quotes
· 3 pulledAfter more than two hours of discussion at the June European Council, EU leaders emerged with what looks like a mandate for the European Commission to strengthen the bloc's defences against China's overcapacity and unfair trade practices.
The official conclusions remained deliberately vague – referring only to a 'strategic debate on global macroeconomic imbalances'
Without a credible 'shock plan' to accelerate European competitiveness, protection of critical sectors risks becoming a managed decline
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