Beijing vows to retaliate as EU warns of China Shock 2.0

Beijing has threatened to retaliate after the European Union’s executive body called for a more robust response to the surge in cheap Chinese goods flooding its markets. Amid fears that a new wave of Chinese exports was gutting European manufacturing, the European Commission said on May 29 that the current trade situation was “not sustainable” […] The post Beijing vows to retaliate as EU warns of China Shock 2.0 appeared first on Asia Times .

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