EU lawmakers press Beijing to curb exports during Beijing visit
A delegation of European lawmakers has warned China that its export-driven economic model is unsustainable for Europe, pressing for wider limits on cheap imports during a visit to Beijing. The group of 12 members of the European Parliament said the recent deal on Chinese hybrid car exports should be treated as a starting point rather than a one-off arrangement. They argued that similar measures should be extended to other industrial sectors.The warning came as the European Union's trade deficit with China reached a record €360 billion and continued to widen. German Socialist MEP Bernd Lange, who chairs the European Parliament's... [Continue Reading]
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