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At the G7 summit in Italy, EU Commission President Ursula von der Leyen on Friday advocated ratcheting up economic pressure on China in order to get trade relations back on track. Stressing the need to “de-risk not de-couple,” the German-born EU chief stressed the objective of getting Beijing to course-correct and address problems at their root. “Our objective has to be create leverage to get China to engage,” said von der Leyen, according to summit participants in a round table discussion on economic security. “Without such leverage, China simply ignores our demands for a level playing field….

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