Europe rallies around tough new China strategy ahead of key summit

European Union member states are uniting behind a robust new strategy to combat what they see as Chinese-driven deindustrialization. This convergence of opinion, spanning free market advocates and interventionists alike, signals a significant shift in the EU's approach to trade with China.

The proposed strategy, set to be discussed at a key summit in Brussels, may introduce multiple new trade instruments. Additionally, it could lead to a more rapid and strategic deployment of existing trade defense mechanisms. Sources indicate that one potential tool might be modeled on measures implemented by former U.S. President Donald Trump.

This unified stance aims to address growing concerns across the bloc about the impact of Chinese economic practices on European industries. The urgency stems from the perceived threat of Chinese-driven deindustrialization, prompting a broad coalition of member states to support decisive action.