Shock To The System (I): Can the EU fend off the threat of Chinese electric cars?
Chinese Whispers
Analysis of Chinese Retaliation Against the EU
China has retaliated against the EU by launching an anti-dumping probe into European brandy, particularly French cognac. This move, seen as tit for tat, is reminiscent of past retaliations such as targeting French wine over a decade ago. Recently, China has escalated its retaliation by threatening the pork industry, launching an anti-dumping investigation into EU pork exports to China. This action would primarily impact France and Spain, with Germany, Slovakia, and the Netherlands also being potential targets. The EU is concerned that China could target wine, dairy, and certain automotive exports like wide-body cars. To increase opposition within the EU, China might asymmetrically target agricultural exports from countries less involved in the issue. This retaliation aims to influence EU member states to vote against the EU's actions in November through qualified majority voting, presenting a challenge for the EU to build a coalition against China's measures.
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