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

China and the EU are locked in talks about averting a trade war. China and the EU are locked in talks about averting a trade war. International trade EU spends three times more on imports from China than bloc exports there Study shows trade deficit ran at more than €1bn a day in July, days before Xi Jinping’s summit with Donald Trump

Prefer the Guardian on Google Consumers 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.