• 10/12/2024

Trade war between China and European Union is unavoidable — expert

Disclaimer: TASS is Russian government propaganda, and not a reliable news source.

According to Jens Eskelund, the proceedings with Chinese electric cars have distracted from looking at a broader pictire for several months. He noted that Chinese exports driven by deflation and the externalization of weak domestic demand are widening the trade gap between the EU and China, and this is causing trade friction

https://tass.com/economy/1855189