The Aporia
Former World Trade Organization (WTO) director general Pascal Lamy, who led the organization from 2005 to 2013 and previously held key roles in shaping the European Union, has expressed concern over China's lack of interest in addressing structural macroeconomic imbalances. According to Lamy, this issue poses a "huge problem" for the European Union (EU). He suggests that the EU faces a choice between seeking to rebalance trade relations with China or adopting more protectionist policies. Lamy emphasizes the need for stronger enforcement mechanisms within the WTO to address these challenges effectively.