Europe's China trade deficit rises Q1 2026
Data shows that China's imports from the European Union declined by 1.3% in May, while its exports to the EU increased by 7.6%, leading to China's trade surplus with the EU exceeding $30 billion. Overall trade volume for the month reached 4.45 trillion yuan (approximately $653 billion), with exports rising by 13.8% and imports by 21.5%. This highlights the pressure on Europe to boost its trade balance with China amid Beijing's threats of retaliation should restrictions be imposed on Chinese products.
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