00:00Spain's Prime Minister Pedro Sanchez describes China's trade imbalance with the European Union
00:06as unsustainable. He says Europe needs China to open its markets more widely,
00:12warning that failure to do so could lead to rising protectionist measures across the EU.
00:21Sanchez, who is on a three-day official visit to Beijing, said the trade deficit between EU
00:26and China had increased by 18 percent over the past year and remained a serious concern for the
00:33medium to long term. During the visit, Sanchez sought to strengthen economic ties with Beijing,
00:38particularly after trade threats from United States President Donald Trump. Those threats came
00:44in the wake of Spain's refusal to allow American military bases on its territory to be used for
00:50potential strikes against Iran.
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