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submitted 4 months ago by HowRu68@lemmy.world to c/world@lemmy.world

The European Commission chief said she was “convinced that if the competition is fair” from China, then Europe “will have thriving durable economies”. But she said the “imbalances” caused by state support for Chinese industry leading to cut-cost products threatened jobs in Europe, and that was “a matter of great concern”. “Europe will not waver from making tough decisions needed to protect its economy and security,” she said.

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[-] hark@lemmy.world 3 points 4 months ago* (last edited 4 months ago)

When companies want to drive down wages by outsourcing to China: "you need to learn to compete with China"

When companies are faced with cheaper products made by Chinese competitors: "we all need to put a stop to this"

this post was submitted on 06 May 2024
152 points (98.1% liked)

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