Europe plans tougher response to China Shock 2.0

Source: China – South China Morning PostThe European Union’s executive arm is set to back a tougher line against Chinese imports at a key meeting on Friday as a flood of low-cost competition undermines local industries.
Potential measures include requiring companies in key sectors to have at least three suppliers from two or more countries in a bid to pare reliance on China, the South China Morning Post reported. Industry commissioner Stephane Sejourne will back broader use of regulations designed to prevent foreign companies…Read More

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