Europe adopts tougher stance on China trade amid subsidy accusations
UKPulse News Desk
European governments and businesses are taking a tougher line on trade with China, accusing Beijing of subsidising exports and flooding European markets with inexpensive goods.
- Europe accuses China of subsidising exports and flooding European markets with cheap goods.
- Businesses and governments warn that Chinese competition endangers European industries and jobs.
- Concerns are growing in Brussels over China's increasing dominance of supply chains.
European governments and businesses are adopting an increasingly tough stance on trade with China. Accusations have been made that Beijing is subsidising exports and flooding European markets with cheap goods.
Businesses and governments have expressed concerns that Chinese competition is putting European industries and jobs at risk. Additionally, China's growing dominance of supply chains is adding to worries in Brussels.