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Chinese subsidies are driving European industry out — EU fights for survival
📈 Business

Chinese subsidies are driving European industry out — EU fights for survival

China is flooding European markets with cheaply priced goods across nearly all categories, backed by generous state subsidies that are effectively pushing European firms out. The EU has responded with tariffs, but industry experts and business leaders say these measures are insufficient against the scale of Beijing's trade offensive. European manufacturers warn they are in a "fight for survival" as entire industrial sectors face collapse.

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