Global Markets
Home›Global Markets›North America›EU’s fixation on Chinese subsidies masks its own struc…
EU’s fixation on Chinese subsidies masks its own structural stagnation
The European Commission is moving to shield its industrial machinery and chemical sectors from Chinese imports, and is weighing a “kill switch” mechanism. Together with Washington, Brussels has settled into a familiar narrative: a record trade deficit with China is framed as proof of its “overcapacity” and attributed to state subsidies that allegedly tilt the global playing field. For European Union audiences frustrated by stagnant domestic manufacturing, this argument sounds intuitive.
← Newer storyFlights grounded across US due to ‘extraordinary circumstances’, FAA…Older story →Inside Microsoft’s Rush to Get Back Online After a Global Outage
More like this
Global MarketsFAA grounds departing flights nationwide, citing air traffic communication system outage