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108
China’s rising industrial strength leaves EU fretting about its manufacturing future (www.irishtimes.com)
submitted 1 day ago by schizoidman@lemmy.zip to c/europe@feddit.org
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https://archive.is/c5tDr

“We’re talking about losing significant parts of the automotive sector and its supply chains, pressure on machine tools, chemicals, the wind industry in Europe that could be wiped out in the next couple of years. I think there’s just more and more concern about the fact that in all of these sectors, China is moving into a dominant or even monopolistic position,” says Andrew Small, director of the Asia programme at the European Council of Foreign Relations (ECFR) in Berlin.

Some in Brussels thought Trump’s return to the White House could help to facilitate a reset in the EU-China relationship. But while Europe’s reliance on the US for security meant that the EU had to roll over when Trump threatened tariffs, China refused to bend, and its tough strategy has so far been successful.

“I think what became clear from the Chinese end was that the view would rather be that Europe is in a weaker position as a result of the situation in the transatlantic ties, and Europe needs to be the one to give things up. That’s what we’ve seen pretty much since then,” says Small.

China’s dominant position in some manufacturing sectors offers leverage of its own, as the Dutch government discovered last September when it seized control of Nexperia, a Chinese-owned chip manufacturer. Beijing retaliated by blocking exports of Nexperia chips

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[–] plyth@feddit.org 1 points 17 hours ago

So the problem was not Germany, but that other countries INCREASED their wages

You are technically correct but another part of the article shows that the share of wages declined in Germany.

Regarding the Harz guy, I have no idea why you find him relevant

The unions are heavily influenced and don't necessarily do what is best for the workers. Thus no strikes.

Now you are contradicting yourself from your previous comments.

There is no contradiction. I am talking about different years.