interaction with China suggest

interaction with China suggest

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But that is not what the past 15 years of economic interaction with China suggest. Europeans are not up against Chinese businesses—they are up against the strategic ambitions of the Chinese Communist Party, which wields the collective financial firepower of the world’s second-largest economy. China’s expansion is driven by potent, subsidised industrial policy ecosystems—from innovation to manufacturing and through securing a global footprint. Chinese firms’ advantages in Europe are only going to become more biting as these firms eat away at parts of the European economy. Vital sectors of the European economy are on the verge of being hollowed out, eradicated completely or taken over by Chinese competitors. สล็อตเว็บตรง