EU spends three times more on imports from China than bloc exports there

According to a report by The Guardian… Study shows trade deficit ran at more than €1bn a day in July, days before Xi Jinping’s summit with Donald TrumpBusiness live – latest updatesConsumers and businesses in the EU are spending three times more on Chinese imports than their counterparts in China are buying from the bloc, a study has shown.Customs data showed the gap between the EU’s imports from China and exports to China, the trade deficit, ran at more than €1bn (£860m) a day in July. Continue reading… complete report is on link below: Source: https://www.theguardian.com/business/2026/sep/22/eu-imports-china-exports-trade-deficit-xi-jinping-donald-trump