European Union Needs to Reduce Dependency on China, Says Spain's Prime Minister

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Spanish Prime Minister Pedro Sanchez stated that the European Union must reduce its dependency on China and diversify its economic relations. He highlighted the EU's openness to other economies as a key strength.

Spanish Prime Minister Pedro Sanchez said that the European Union needs to reduce its dependency on China and rebalance its dependence on other economies. Sanchez, who sat down with Bloomberg's Francine Lacqua, said that one of the EU's strengths its is willingness to open its economies to other regions. (Source: Bloomberg)