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Economy · Finance

The EU is its own worst enemy

Alex Lo · South China Morning Post
Published 23 Oct 2026, 11:30 pm·1 h ago·1 min read
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Beijing has told Brussels not to “fantasise” that pressure will extract concessions. This came after China made a goodwill gesture in the recent hybrid-car trade deal. The European Union responded by doubling down on a proposed trade “kill switch”. The instrument follows a Franco-German proposal. It would let the bloc swiftly restrict single-market access in response to economic coercion. EU chief Ursula von der Leyen says all 27 leaders back it. Chemicals and machinery are priority sectors....

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