EU and China at Critical Juncture as Trade Tops $920B But Major Imbalances Persist
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EU trade chief says China relationship is at a "make-or-break moment" during Beijing visit
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EU logged record $921B trade with China in 2022, but has deficit of almost $400B
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EU investigating Chinese subsidies for electric vehicle makers, risks "decoupling"
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EU stresses "de-risking" from China, not full "decoupling" like U.S. approach
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EU and China have deep interests to avoid retaliation tariffs over EV probe
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