EU trade deficit with China reaches record €1bn a day, data shows
Import and export figures come as European leaders prepare to meet this week to address growing imbalanceThe EU’s trade deficit with China has reached a record €1bn (£0.8bn) a day, according to official trade data, fuelling concerns over the future of Europe’s “industrial backbone”.The gap between the EU’s imports from China and exports to China amounted to €31.9bn in April, according to the latest import and export data from the EU statistics body Eurostat. Continue reading...
EU trade deficit with China reaches record €1bn a day, data shows
Overview
Import and export figures come as European leaders prepare to meet this week to address growing imbalance
The EU’s trade deficit with China has reached a record €1bn (£0.8bn) a day, according to official trade data, fuelling concerns over the future of Europe’s “industrial backbone”.
Details
The gap between the EU’s imports from China and exports to China amounted to €31.9bn in April, according to the latest import and export data from the EU statistics body Eurostat.
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Originally published at www.theguardian.com.
