China has today argued that its relations with the European Union “will bring a valuable stability” to the global economy and world trade, at a time when China measures its allies in the brake-de-de-de-fax that has begun with Washington. “Defending together, in today’s context, the multilateral trade system”, China and the European Union “will bring a valuable stability and greater predictability to the global economy and world trade,” said Guyou Treasie’s reporters during a regular briefing. Beijing and Brussels are confronted with the storm caused by the US campaign to impose customs duties, which plunged global markets to volatility. Chinese products are mainly targeted by President Donald Trump, with duties reaching 145%. The European Coalition seeks, for its part, to differentiate its commercial partners against an American ally who […]
Source: News Beast
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