Act fast or fall behind China, US for good, EU leaders told

The European Union must act fast or risk falling perilously behind the economies of China and the United States, EU leaders heard Thursday as they headed into summit talks on how to leverage the bloc's huge market to stem its decline.While the United States grew by 2.5 percent and China by 5.2 percent in 2023, Eurostat data last month showed the EU economy grew by only 0.4 percent.