Macron Is Pushing Europe Into $900 Billion Fight With China ...Middle East

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The European Union’s new, tougher approach to China is being shaped by French concerns that Beijing’s trade practices have started to pose a critical threat to core industries. The government in Paris has taken a key role in driving the policy shift, according to people familiar with its thinking, calculating that inaction now would put the bloc’s economy on a path to long-term damage. [time-brightcove not-tgx=”true”] Officials speaking on condition of anonymity recalled the solar industry debacle a decade ago, when cheap imports from China gutted European production. One of the officials said Europe’s auto industry could potentially be vulnerable in the same way and so the E.

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