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While top EU officials in Beijing have called for a reduction in trade barriers to benefit European companies, President of the European Commission Ursula von der Leyen believes Beijing has taken a step towards Brussels. “I’m glad that we agreed with president Xi, that trade should be balanced between the two of us,” she said on Thursday evening in Beijing after talks with the Chinese government of state and party leader Xi Jinping. China’s trade deficit has doubled in the last two years in China’s favour to almost €400 billion ($431 billion). This is a cause for concern for many Europeans, sh…

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