EU spends three times more on imports from China than bloc exports there
Study shows trade deficit ran at more than €1bn a day in July, days before Xi Jinping’s summit with Donald TrumpBusiness live – latest updatesConsumers and businesses in the EU are spending three times more on Chinese imports than their counterparts in China are buying from the bloc, a study has shown.Customs data showed the gap between the EU’s imports from China and exports to China, the trade deficit, ran at more than €1bn (£860m) a day in July. Continue reading...
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.