The EU has new anti-Beijing instruments, but will China have to face the music?
North AmericaBusinessModerate confidence — 74/100
When Western companies rushed into China in the 1980s and 1990s, they traded their latest technology for market access.
Now, China has absorbed, adapted and improved foreign know-how and is flooding Europe with advanced products, while the European Union's trade deficit balloons.
As Paris and Berlin finally align on a response, analysts question whether Brussels' defensive "instruments" can contain a rival it helped create.
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When Western companies rushed into China in the 1980s and 1990s, they traded their latest technology for market access.
Now, China has absorbed, adapted and improved foreign know-how and is flooding Europe with advanced products, while the European Union's trade deficit balloons.
As Paris and Berlin finally align on a response, analysts question whether Brussels' defensive "instruments" can contain a rival it helped create.