France and Germany are teaming up to tackle trade imbalances with China. The EU’s two biggest economies are pushing for stronger tools to protect the single market from unfair competition.
- The two nations have drafted a joint proposal for the European Commission.
- They want a new “emergency switch” to address severe market distortions quickly.
- This mechanism would grant the EU the power to act immediately against harmful practices.
- In extreme cases, this could even lead to excluding Chinese firms from the single market.
This move signals a major shift in how Europe plans to handle economic threats from Beijing.