China’s trade grip tightens in Europe as clock ticks towards October deadline

New data reveals that China has extended its trade surplus with all but three European Union member states in July. This trend comes midway through a critical three-month negotiating period between Brussels and Beijing.

According to the findings, the trade balances of 24 EU member states are continuing to move in a direction that Brussels views unfavorably. The developments unfold as the clock ticks toward an approaching October deadline.