The European Commission has been clearly signalling its intention to wage a trade war against China. Brussels’ intent to counter the so-called China shock 2.0 – the wave of subsidised Chinese exports such as electric vehicles (EVs), solar panels and batteries – is no longer merely a verbal threat but appears to be an imminent decision. Comparing current trade tensions between the European Union and China with the trade conflict between Europe and Japan in the 1970s and 1980s reveals striking…
After China hollows-out Germany’s export market? Seems unlikely.
It would sure be nice if Germany had access to some cheap gas for their industry. Shame it was blown up by … someone. At least usa can sell lng at double or triple price. I wonder who did the bombing… Journalists used to say “follow the money”, but i guess we’ll never know.
