EU Official Warns China Drives Import Surge
A European Commission trade official warned that surging imports from China threaten nearly a quarter of EU goods. The bloc is pressing Beijing for export management to address the widening trade deficit.
Nearly a quarter of imports into the European Union are rising at an abnormal rate, driven primarily by goods from China, a top trade official said on Thursday afternoon. The surge highlights widening trade imbalances as Brussels presses Beijing for export curbs. The widening deficit risks triggering further industrial trade defense measures across the bloc.
