Saturday August 8, 2020

EU must wake up to reality of China’s booming economy

Europe beware – China’s aggressive industrial policy offers an alternative economic model that threatens to leave us all behind

1st March, 2020
Paris and Berlin want the EU to economically position itself more aggressively against China. Picture: Getty

There are two growing economic anxieties in France and Germany. Neither is directly related to Brexit. The first is the market dominance of US tech giants. The second is the aggressive industrial policy of China, and China’s rapid rise up the global value chain.

Paris and Berlin fear that they’re being left behind. They fear that Europe is being left behind. In response, they want the EU to economically position itself much more...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

America’s openness helped build alliances in the past, it must not abandon this policy in an era of connectedness

Joseph S Nye Jr | 2 days ago

Some of the most chaotic moments in financial history, from 1929 to 2008, have occurred during autumn, and 2020 could exceed them – but there is also hope on the horizon

Jim O'Neill | 2 days ago

The central role of the public sector in responding to the Covid-19 crisis has restored trust – we should seize the chance to reform government

Shane Mohan | 3 days ago