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EU backs trade ‘kill switch’, China exports surge, third-quarter GDP

South China Morning Post - China ·
EU backs trade ‘kill switch’, China exports surge, third-quarter GDP

European Union leaders supported creating a tool to potentially shut out Chinese goods as a growing flood of low-cost imports pushed the bilateral trade deficit to a record.

Officials could start work on developing a trade “kill switch”, European Commission President Ursula von der Leyen signalled to EU leaders at a Brussels meeting on Thursday, the South China Morning Post reported, citing unidentified people briefed on the talks.

Leaders requested a proposal by year-end, Bloomberg News said....

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