EU braces for a trade fight with China as it’s left with few choices

"EU Braces for Trade War with China: A Brewing Storm Over Uneven Economic Ties The European Union is sounding the alarm, warning its citizens and businesses of a potential trade war with China. At the heart of the issue is a deeply unbalanced economic relationship, where Beijing has provided a staggering eight times more subsidies to domestic companies than the Organisation for Economic Co-operation and Development (OECD) average. This unequal playing field has left many EU companies struggling to compete, and Brussels is now taking steps to level the playing field. As tensions escalate, the EU is urging its citizens to prepare for the worst, but what exactly does a trade war with China mean for the future of global trade?"

The EU is preparing citizens and companies for potential trade war with China over unbalanced economic relationship. Beijing has provided eight times more subsidies to domestic companies than OECD ...