EU-China Relations
The EU’s trade chief has confirmed the bloc is considering a specific rule to compel companies to diversify their suppliers away from China. The move follows Beijing’s use of export controls on critical materials.
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European Union trade commissioner Maros Sefcovic has criticized the bloc's slow trade defenses against China's export surge. Speaking in the European Parliament, he called for faster investigations and reforms to the World Trade Organization. The EU faces a €360 billion trade deficit with China.