The Guardian Australia – Business
·business
·1 day ago
Fears of new China shock as EU industry’s reliance on imports grows
Fears of new China shock as EU industry’s reliance on imports grows Rising volume of components imported from China prompts warning of cannibalisation of European industries Europe is facing a fresh China shock that threatens to cannibalise local factories, leading to job losses and de facto colonisation of industry by Beijing, trade analysts and representatives.
Summary by Glance · The Guardian Australia – Business
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