The EU has learnt its lesson on China, according to former European trade commissioner Karel De Gucht.The bloc is ramping up pressure on Beijing over its ballooning bilateral trade deficit, and, De Gucht said, its policy must be influenced by the outcome of a previous bout of trade tensions.
Back in 2013, De Gucht was investigating alleged Chinese subsidies for solar panel production. The Belgian commissioner was dining with his wife when he got a call from his then-boss, European Commission president José Manuel Barroso.
“I just had [then-Chinese premier] Li Keqiang on the line. He is yelling at me, he is very, very mad,” Barroso told him.
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