Heurist Finance

EU-China trade deficit tops €1bn a day in July

The Guardian · 3 hours ago
EU-China trade deficit tops €1bn a day in July
  • EU customs data showed the bloc's trade deficit with China ran at more than €1bn a day in July.
  • The EU and China are in talks to avert a trade war as the deficit widens.
  • The data lands days before Xi Jinping's summit with Donald Trump.

Quotes

“Consumers 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.”— The Guardian
“China and the EU are locked in talks about averting a trade war.”— The Guardian
“ran at more than €1bn”— The Guardian

Sources