Can Low Paid Chinese Workers Help Contain Inflation in Europe?

Joseph Burrell, former EU foreign minister acknowledges that the European economy is going through a fundamental crisis because it can no longer be competitive in the global capitalist market. He also acknowledged that having access to China's massive market for exports was very important for Europe. And also he said for cheap goods. Because Chinese workers were originally paid much lower wages, that helped to contain inflation in Europe. So if you can import those consumer goods from China or other parts of the global south, that means that European companies can keep their wages low and make more profit. This explains why how imperialism plays in and why Europe and the US are waging a new Cold War. They want to overthrow the Chinese and Russian governments