China and Eastern Europe have been “dumping” steel onto the EU market at rock bottom prices. EU steelmakers are calling for higher tariffs. An entire industry is barely scraping by due to low profit margins.
At the ASEAN Summit in Singapore, Beijing tried to strengthen ties with Southeast Asian states. DW’s Frank Sieren says that could have far-reaching consequences for Europe’s role in global politics.
The Asia-Pacific summit has become the latest stage for the trade dispute between the US and China. Beijing called for consultations as Washington threatened more tariffs.
China is trying to highlight it is open to importing more at a time it is under pressure to open its markets further. Critics say it is more talk than action.
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