The EU will ‘pull its punches’ on China despite growing trade war talk: analysts
The European Union is likely to avoid a full-blown trade confrontation with China due to internal divisions in the bloc and fear of retaliation, according to a prominent research firm. The projection comes amid speculation that the two sides are on the brink of a trade war, with European policymakers raising the alarm about a looming “China shock 2.0” and pushing for stronger measures to protect domestic producers from Chinese competition. But the bloc would “continue to pull its punches” in any...
Óptica: sourceFuente: South China Morning Post. Publicación automática del contenido provisto por su canal RSS; sin reelaboración factual de SUR NODAL.
Abrir la fuente originalThe European Union is likely to avoid a full-blown trade confrontation with China due to internal divisions in the bloc and fear of retaliation, according to a prominent research firm.
The projection comes amid speculation that the two sides are on the brink of a trade war, with European policymakers raising the alarm about a looming “China shock 2.0” and pushing for stronger measures to protect domestic producers from Chinese competition.
But the bloc would “continue to pull its punches” in any...