EUโs idea that China is caving to pressure is โserious misjudgmentโ: ex-diplomat
The European Unionโs perception that China is yielding to its pressure tactics on trade is a โserious misjudgmentโ, as Beijing proved during last yearโs tariff war with the United States that it will not back down from a confrontation, a former Chinese diplomat has warned. Beijingโs willingness to compromise during trade talks with the EU earlier this month โ where the two sides agreed a quota on Chinese hybrid car exports to Europe โ has been taken by some in Brussels as a sign that their...