Beijing vows to retaliate as EU warns of China Shock 2.0 (original) (raw)
Beijing has threatened to retaliate after the European Union’s executive body called for a more robust response to the surge in cheap Chinese goods flooding its markets. Amid fears that a new wave of Chinese exports was gutting European manufacturing, the European Commission said on May 29 that the current trade...read full story
"The six sectors, including automobiles, electric machinery, general machinery, rubber and plastics, special machinery, and medicines, saw rising export shares and accounted disproportionately for China's export growth to the EU,"