Title: EU Official: European Union Does Not Intend to Decouple from China

European Commissioner for Trade Valdis Dombrovskis stated on Saturday that the European Union does not intend to decouple from China, but it needs to protect itself in situations where its openness is misused. He added in a speech at the annual BRI summit in Shanghai that the EU recorded a record bilateral trade with China last year, but it is "extremely unbalanced," noting a trade deficit of about 400 billion euros.