EU Chamber Calls for Change to Address China's Overcapacity Issues in Europe

Wednesday, 20 March 2024, 01:00

The European Union Chamber of Commerce in China issued a warning about the negative impact of China's overcapacity on European industries, likening it to a 'slow-motion train accident.' The report highlights the challenges faced by domestic industries in Europe due to China's overcapacity, urging the need for immediate action to address the situation.
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EU Chamber Calls for Change to Address China's Overcapacity Issues in Europe

EU Chamber Warns of 'Slow-Motion Train Accident' with China

China’s overcapacity is creating problems in Europe and crowding out domestic industries, according to the European Union Chamber of Commerce in China.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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