The EU will adapt its state aid rules to prevent an exodus of investment triggered by a new U.S. green energy subsidy package, the bloc's chief said on Sunday, while offering cooperation over raw materials to counter China's dominance. "Competition is good … but this competition must respect a level playing field," European Commission President Ursula von der Leyen said in a speech in the Belgian city of Bruges. "The (U.S.) Inflation Reduction Act (IRA) should make us reflect on how we can improve our state aid frameworks and adapt them to a new global environment," she added. The 27-country…