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Šefčovič stated that the EU aims to achieve three main goals - to address the issue of the sudden increase in exports from China to the Union market, especially in key sectors, to increase exports from Europe to China, and to establish a "system for issuing export permits for rare earth metals and other products" after China imposed restrictions on them last year. #trgovinskiRat #kineskiŠok20 #EuropskaUnija (translated)

European leaders warn of the threat of China's shock 2.0, which could jeopardize traditional EU industries due to the shift of Chinese companies towards high-tech production, as the EU prepares to strengthen protective trade measures and negotiates with China to reduce the trade deficit. #trgovinskiRat #kineskiŠok20 #EuropskaUnija (translated)