From Paris they warn that the European Union needs more aggressive mechanisms to protect its productive structure due to the growing pressure of Chinese industrial goods.
The government of France He turned on the alerts on the impact of Chinese progress on European markets. At an economic conference held this weekend in Aix-en-Provencesenior officials claimed a greater commercial defense by the European Unionwith stricter regulations to stop the massive income of products from Chinaespecially in strategic sectors such as steelthe electric vehicles and the industrial technology.
“We must protect our industry on all fronts. If we do not, we run the risk that the Chinese overproduction model completely moves European manufacturers”, Warned the Minister of Economy, Eric Lombardreferring to the growth of Chinese participation in global markets. According to In several key Beijing sectors already controls more than 50% of the world offersomething that – to his judgment – puts in check the continuity of European industrial activity.
While Brussels already applied Product tariffs such as steel and Chinese electric carsFrance states that Current norms are insufficient and claims greater flexibility to apply anti -dumping measures and other defensive tools. In parallel, China responded with own commercial sanctionslike the Taxes to European brandy Announced last Friday, which they impact fully on the main producers of Coñac.
The debate in France also includes the collateral effect of global commercial reconfiguration. According to the Minister of Industry, Marc FerracciEurope is now absorbing a part of the Chinese products that previously had the main destination USA. “China has developed an oversized industrial capacity in multiple items, and that represents a direct challenge for our factories”said Ferracci.
In addition, diplomatic sources reported that The Chinese government seeks to reduce the duration of the next summit with the EUscheduled for this month, in what is interpreted as a sign of growing tension with the European bloc.
For his part, Lombard remarked that the recent political turn in Germany You can open one Opportunity window so that Paris and Berlin work together on a common industrial protection agenda. According to him, there will be bilateral meetings in the coming weeks to coordinate commercial and productive strategies within the EU framework.
Source: Ambito
