The Financial News

The Financial News

Can Europe stand up to China on trade? | The Economist


The EU’s top trade official, Maros Sefocovic, says Europe’s trade with China is “unsustainable” and could destroy entire European industries. The Economist’s geopolitics editor, David Rennie, asks Mr Sefocovic, who represents the world’s largest trade bloc at the negotiating table, what is Europe prepared to do to protect its companies and workers?

#europe #eu #trade #internationalrelations #economics #news #geopolitics

00:00 – How big is the threat from China?
00:44 – A one-billion-dollar-a-day deficit, that is forecast to grow
02:22 – Is dialogue enough to counteract the flood of Chinese exports?
3:26 – How far is Europe prepared to go to protect its industries?

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