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China Draws ‘Red Lines’ Around Its Economic Model Ahead of EU, U.S. Trade Talks · GNN Daily Breaking News

• 0:00
  Speaker 1: China has signaled a firm stance ahead of upcoming trade
• 0:03
  Speaker 1: talks with the European Union and the United States, drawing
• 0:07
  Speaker 1: what officials describe as red lines around its economic model.
• 0:12
  Speaker 1: The move underscores Beijing's determination to defend its state driven system,
• 0:16
  Speaker 1: even as Western partners press for reforms. Chinese officials outlined
• 0:21
  Speaker 1: areas they consider non negotiable, including state subsidies for strategic industries,
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  Speaker 1: control over technology standards, and restrictions on foreign access to
• 0:31
  Speaker 1: certain sectors. They argue that these policies are essential to
• 0:35
  Speaker 1: national security and long term development, framing them as core
• 0:39
  Speaker 1: elements of China's sovereignty. For Washington and Brussels, the announcement
• 0:44
  Speaker 1: sets the stage for tense negotiations. Both have criticized China's
• 0:49
  Speaker 1: industrial policies, claiming they distort global markets and disadvantage foreign companies.
• 0:55
  Speaker 1: The EU has raised concerns about subsidies in green technology,
• 0:59
  Speaker 1: while while US officials have pointed to barriers in digital
• 1:02
  Speaker 1: services and advanced manufacturing. Analysts say China's red lines are
• 1:08
  Speaker 1: both the negotiating tactic and a signal of confidence. By
• 1:12
  Speaker 1: making clear what it will not concede, Beijing is attempting
• 1:16
  Speaker 1: to shape the agenda and limit Western leverage. At the
• 1:19
  Speaker 1: same time, the declaration reflects growing friction between China's state
• 1:24
  Speaker 1: led model and the market oriented systems of its trading partners.
• 1:28
  Speaker 1: The talks come at a critical moment. Global supply chains
• 1:32
  Speaker 1: remain fragile, and competition over emerging technologies from semiconductors to
• 1:38
  Speaker 1: clean energy is intensifying For businesses. The outcome could determine
• 1:43
  Speaker 1: access to key markets and the rules governing investment. Ultimately,
• 1:48
  Speaker 1: China's decision to draw red lines ahead of trade talks
• 1:51
  Speaker 1: highlights the collision between economic sovereignty and global integration. Whether
• 1:56
  Speaker 1: the negotiations yield compromise or confrontation will depend on how
• 2:01
  Speaker 1: far each side is willing to push and how much
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  Speaker 1: risk they are prepared to accept in an already volatile
• 2:07
  Speaker 1: global economy