The European Parliament’s conservative faction is advocating for a firmer trade policy towards China, highlighting concerns over Beijing’s economic power. Manfred Weber, a key figure in Germany’s CSU party, warns against the EU’s burgeoning trade deficit with China, which he claims endangers Europe’s industrial sector and job market. In anticipation of an EU summit, Weber suggests utilizing China’s access to the EU market as leverage, and proposes excluding Chinese companies from EU development projects and 6G technology initiatives. (With inputs from agencies.)
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