02.10.2021 - 15:59 [ CNBC ]

The U.S. and EU discuss ways to solve the global chip shortage: Here’s what you need to know

(30.09.2021)

In addition, although the final statement doesn’t mention China, some of the pledges certainly seemed to be targeted at Beijing.

“We intend to work closely together to address non-market, trade-distortive policies and practices, improve the effectiveness of our respective domestic measures,” the U.S. and the EU said.

Officials have on numerous occasions criticized Beijing for not giving the same level of access to foreign business as to what is granted to Chinese companies abroad.