Trade

Europe needs to counter China’s distorting impact on global trade - EU trade chief

Weyand said China’s government supported over capacity in manufacturing was having serious impacts on on the rest of the world

Cars waiting to be shipped abroad at the Chinese port of Lianyungang. Picture: Getty

The EU needs to introduce new measures to counter the distorting effect of China’s over-capacity in manufacturing, the bloc’s director general for trade at the European Commission has said.

Sabine Weyand also warned that the EU will have be prepared for “all scenarios” in its relationship with the United States in the coming years. In a veiled comment about a possible Donald Trump victory in the US presidential election, Weyand said the EU needed to ...