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Reuters
Reuters
Business

EU must seek to de-risk rather than decouple from China - von der Leyen

EU Commission President Ursula von der Leyen addresses the World Economic Forum (WEF), in Davos, Switzerland, January 17, 2023. REUTERS/Arnd Wiegmann

The European Union needs to work and trade with China on clean tech and push for a level playing field rather than seek to decouple from the world's second-largest economy, European Commission President Ursula von der Leyen said on Tuesday.

Von der Leyen said in a speech at the World Economic Forum (WEF) annual meeting in Davos that China had made boosting clean tech innovation and manufacturing a key priority in its five-year plan, dominating in sectors such as electric vehicles and solar panels.

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