Trade
Bloc leaders ready diversification tool but still split on how hard to push Beijing
CATL’s battery factory in Debrecen, Hungary, topped a list of ongoing Chinese investments in Europe in 2025. (Nikkei montage/Source photo by Reuters)
LONDON — Chinese companies are bracing for tougher regulations in the European Union after leaders agreed on the need to address the bloc’s trade deficit with China, which has ballooned to over 1 billion euros ($1.13 billion) a day.