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The Economic Times
The Economic Times
National

China draws 'red lines' around its economic model ahead of EU, US trade talks

SINGAPORE/BEIJING, - China is energetically defending its economic policy mix that favours advanced industries over consumption, adopting a posture analysts see as demonstrating increasing ​confidence ahead of looming trade talks with Europe and the United States.

President Xi Jinping and U.S. counterpart Donald Trump plan more face-to-face meetings this year, while Brussels has set an October deadline for Beijing to settle disputes as worries grow over China's trillion-dollar-plus trade surplus.

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