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As China's commercial stranglehold tightens on Europe, the European Union must rethink its approach to free trade. With European markets flooded with Chinese exports that threaten jobs and widen the trade deficit, the EU has adopted coercive measures and is stepping up trade agreements with third countries (Canada, Mercosur, India, Australia). The "Industrial Accelerator", currently under negotiation, would introduce a European preference clause in public procurement, but the forthcoming European Council meeting on 15–16 October should provide an opportunity to adopt the measures needed to stand up to the Middle Kingdom.
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