Former WTO head Pascal Lamy on the EU’s China choice: get a rebalance, or go protectionist

Pascal Lamy, a former head of the World Trade Organization, has warned the European Union that it must choose between rebalancing its trade relationship with China or adopting protectionist policies. This warning comes as the EU faces growing trade tensions with China, which could impact the continent's economic growth. A rebalancing of trade relations would require the EU to address its trade deficit with China, which could be achieved through increased exports and improved trade agreements.

Why it matters

The EU must decide between rebalancing its trade relationship with China or adopting protectionist policies. This choice will have significant implications for the EU's economy and trade relationships with other countries.

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