4 sources
Axios9d ago
Europe is testing a new response to China Shock 2.0 , betting that it can confront Beijing's export juggernaut without resorting to President Trump's tariff-heavy approach. Why it matters: More of the world is beginning to confront the threat that China's industrial overcapacity poses to their industries. But protecting individual sectors will not solve the bigger problem: China's factories are cranking out far more than its own economy can absorb. Driving the news: The European Union and…
OriginalAxios9d ago
Europe is testing a new response to China Shock 2.0 , betting that it can confront Beijing's export juggernaut without resorting to President Trump's tariff-heavy approach. Why it matters: More of the world is beginning to confront the threat that China's industrial overcapacity poses to their industries. But protecting individual sectors will not solve the bigger problem: China's factories are cranking out far more than its own economy can absorb. Driving the news: The European Union and…
OriginalEurope is testing a new response to China Shock 2.0 , betting that it can confront Beijing's export juggernaut without resorting to President Trump's tariff-heavy approach. Why it matters: More of the world is beginning to confront the threat that China's industrial overcapacity poses to their industries. But protecting individual sectors will not solve the bigger problem: China's factories are cranking out far more than its own economy can absorb. Driving the news: The European Union and…
Original
Financial Times11d ago
At last, the French and the Germans are getting serious about standing up to Beijing’s…
Original
