European Council president Charles Michel takes part in a virtual summit with Chinese Premier Li Keqiang from Brussels on June 22. Photo: EPA-EFE
Opinion
Opinion
Macroscope
Is Europe’s stimulus spending out of control? One way forward is to patch up trade relations with China
- The amount of money earmarked for European recovery is huge, with scant regard for the consequences
- Both the European Union and China need more bilateral trade to stand any hope of a stronger recovery this year, but concessions and compromise will be needed
European Council president Charles Michel takes part in a virtual summit with Chinese Premier Li Keqiang from Brussels on June 22. Photo: EPA-EFE