The EU Has Taken A Tough Stance On Its Clothing Trade Policy.

Song Hong, director of the International Trade Research Institute of the Institute of world economics and politics of the Chinese Academy of Social Sciences, agrees with the above statement. He also points out that the EU Trade Commissioner proposes to cancel trade concessions to newly emerging export powers, in fact, it wants to distinguish the emerging economies with larger economies, such as China, Brazil and Russia, from other developing countries.