Beijing vows to retaliate as EU warns of China Shock 2.0

Beijing has threatened to retaliate after the European Union’s executive body called for a more robust response to the surge in cheap Chinese goods flooding its markets. Amid fears that a new wave of Chinese exports was gutting European manufacturing, the European Commission said on May 29 that the current trade situation was “not sustainable”
The post Beijing vows to retaliate as EU warns of China Shock 2.0 appeared first on Asia Times.Asia TimesRead More