World News
EU confronts ‘China shock’ ahead of pivotal Brussels trade talks
Key Points
European Union leaders had a week to bask in their rare, relatively united stance on China policy before news broke to remind them of the urgency of their task: German car giant Volkswagen was reportedly planning up to 100,000 job cuts in the face of cutthroat Chinese competition. Seven days previously at a European Council summit in Brussels, leaders from the EU’s 27 member states had instructed the European Commission to accelerate its efforts to fight back against what is seen as a...
European Union leaders had a week to bask in their rare, relatively united stance on China policy before news broke to remind them of the urgency of their task: German car giant Volkswagen was reportedly planning up to 100,000 job cuts in the face of cutthroat Chinese competition.
Seven days previously at a European Council summit in Brussels, leaders from the EU’s 27 member states had instructed the European Commission to accelerate its efforts to fight back against what is seen as a damaging...