European Union leaders are to meet in Brussels on Thursday for two days of talks that will focus on some of the major economic challenges facing the bloc, including competition from China. The meeting is also likely to see some heated debate over the bloc's budget for the years 2028 to 2034, with the usual divisive negotiations between net contributors and net recipients. On Friday, leaders are set to discuss further support for Ukraine as it faces a full-scale Russian invasion , with Ukrainian President Volodymyr Zelenskyy due to attend. The leaders are expected to discuss ways to remedy the bloc's massive trade deficit with China, which reached €360 billion ($400.4 billion) last year and is set to exceed that level this year.
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