On Thursday night, at the June European Council summit, EU prime ministers and presidents discussed whether they should switch to a tougher strategy on EU-China relations. Frustrations with China dumping exports into the EU market (while not allowing EU companies access to the Chinese market) have reached boiling point. Even Bejing’s biggest European trade partner Germany is ready to do something about it (or at least, that’s what Chancellor Olaf Scholz is saying publicly).
But not everyone is in agreement. While France (backed by Italy) is pushing for a tougher line, Germany has been more reticent while Spain has questioned the wisdom of starting a trade war with China just as Europe is being abandoned (and threatened) by its longtime ally the United States.
