Europe presses China on trade
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European Union trade chief Maroš Šefčovič arrived in Beijing Thursday to seek action on Europe’s trade deficit with China and surging Chinese exports, amid fears of escalating tensions.
Reposted by Daniel Gros
Europe’s Place in the Global Redivision of Labor
While the US continues to lead in software, some high-tech sectors, and hydrocarbons, China is becoming increasingly competitive in many high-tech, capital-intensive sectors, not least those once dominated by Europe. The EU does have a relative advantage in this new economic order, if only its leaders would recognize it.
Reposted by Iikka Korhonen
Reposted by Simon Lester
Reposted by Simon Lester