The European Union is ready to deploy all available tools to protect its economy if China fails to offer fair access to its markets, states Ursula von der Leyen, President of the European Commission, after talks with Chinese leader Xi Jinping in Paris. President of the European Commission added that heavily subsidized Chinese goods, such as electric cars and steel, have flooded Europe, and said that the world cannot absorb China’s overproduction. Von der Leyen emphasized this after a meeting on Monday with French President Emmanuel Macron and Xi, who is on a state visit to France. “For trade t…