EU seeks more ‘balanced’ economic relationship with China
BRUSSELS (AP) — European Union leaders worried about China’s growing power are devising plans to counter the ambitions of a country they describe as a “systemic rival.”
The European Council will discuss on Friday a 10-point strategy set out by the European Commission before an EU-China summit next month.
The EU wants to “fully address the distortive effects of foreign state ownership” and “achieve a more balanced and reciprocal economic relationship.”