The EU’s relationship with China over the past 40 years or so has been largely an effort in pretence. The consequence of China’s concerted and coordinated efforts to suck up all relevant technologies and to—as much as possible—supplant the previous engineering kings of the world, while using WTO to expand as much as possible exports […]
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In order to protect Europe's key industries, the EU wants to take a tougher approach to Beijing, with massive overcapacity and increasing trade imbalances.