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‘China Shock’ 2.0 fuels EU push for united response to Beijing

Beijing has called for communication and pragmatism after European Commission President Ursula von der Leyen warned of a second “China Shock” that’s damaging key manufacturing industries in the bloc. The term “China shock” originally described the wave of cheap toys, textiles and basic electronics that flooded European markets after China joined the World Trade Organization […]

The post ‘China Shock’ 2.0 fuels EU push for united response to Beijing appeared first on Asia Times.

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