{
    "success": true,
    "data": {
        "id": 1772976,
        "msgid": "eu-calls-for-more-robust-response-on-china-trade-imbalance-1780064153",
        "date": "2026-05-29 18:52:00",
        "title": "EU calls for 'more robust' response on China trade imbalance",
        "author": "",
        "source": "CNA",
        "tags": "World ,East Asia ,Asia",
        "topic": "Trade",
        "summary": "The EU has highlighted the unsustainable nature of its trade deficit with China, which reached \u20ac360 billion in 2023, and called for a more robust approach to rebalance economic and security interests. Despite emphasising 'de-risking' over 'decoupling', the bloc plans to address the issue in upcoming G7 and EU leadership meetings.",
        "content": "<p>EU calls for \u2018more robust\u2019 response on China trade imbalance<\/p>\n<p>BRUSSELS: The European Union must act more forcefully to rebalance\nits trade relationship with China, the bloc\u2019s executive said on Friday\n(May 29), after holding talks on protecting critical industries from\nChinese rivals.<\/p>\n<p>\u201cChina is a critical partner, and engagement and dialogue will\ncontinue. At the same time, the current state of the trade and\ninvestment relationship is not sustainable,\u201d the European Commission\nsaid.<\/p>\n<p>\u201cAs economic and security interests become ever more intertwined,\nboth dimensions will require a more robust response,\u201d it said.<\/p>\n<p>The EU is increasingly concerned about its trade gap with China.<\/p>\n<p>The bloc\u2019s trade deficit in goods with China hit 360 billion euros\n(US$419 billion) last year, meaning Chinese exports exceeded EU imports\nsignificantly.<\/p>\n<p>European commissioners met to debate what measures - current and new\n- the EU could take.<\/p>\n<p>But the EU said its \u201coverarching approach remains de-risking, not\ndecoupling\u201d, as the 27-nation bloc wants to maintain trade relations\nwith China while reducing its dependence on the Asian powerhouse.<\/p>\n<p>The commission said the debate would \u201cfeed into work in the coming\nweeks\u201d ahead of further talks on China and trade imbalances at the G7\nheads of state meeting in France on Jun 15-17, and a meeting of EU\nleaders in Brussels on Jun 18-19.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/eu-calls-for-more-robust-response-on-china-trade-imbalance-1780064153",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}