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European Industry in a Bind Due to Chinese Competition and Excessive Regulation.
Summary by Business Insider (Poland)
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1 Articles
On the one hand, the flooding of the European market with subsidized production from China, and on the other, restrictive climate policy and its key tool—the EU ETS, or the EU Emissions Trading System. The effects? European industry is facing an unprecedented crisis. Our interlocutors even speak of a "systemic displacement of production from Europe."
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