Economy

Paschal Donohoe says engagement with China is essential

President of the Eurogroup said Europe needs to strike the right balance as it deepens its trade relationship with China

Paschal Donohoe: “There may be a different emphasis in tone but the fact that the engagement is happening is the key thing.” Picture: Getty

Relations with China will continue to be an important feature of how the global economy develops in spite of pressure from the US to decouple from Beijing, Paschal Donohoe, has said.

“Engagement with China continues to be essential,” he said at the Bloomberg New Economy Gateway Europe event near Dublin on Wednesday. “There may be a different emphasis in tone but the fact that the engagement is happening is the key thing.”

The Minister for ...