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Friday, December 8, 2023

Global Economy Latest: China Makes Friend-Shoring Pitch to Europe - Bloomberg

I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at the China-European Union summit. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

Faced with mounting pressure by the US to reduce China’s role in key global supply chains, Chinese President Xi Jinping this week maneuvered to shore up trade links with the European Union.

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Global Economy Latest: China Makes Friend-Shoring Pitch to Europe - Bloomberg
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