On the 18th of June, EU leaders met to discuss "macroeconomic imbalances" aka China and tasked the Commission to design a new instrument and a solidrity measure. On the 29th of June, Commissioner for Trade and Economic Security Maroš Šefčovič met with the PRC Minister of Commerce Wang Wentao and agreed on a dialogue with four worstreams (trade and investments imbalances, export controls, IP rights, and WTO reform) with an October deadline for results. All of the above on a climate of growing tensions between the EU and China regarding trade imbalances (among other things) and the possibility of a tarde war looming. Finbarr Bermingham, Chief Europe Correspondent for the South China Morning Post, joins Francesca Ghiretti to understand how we got here and what to expect next.

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