Commentary: The EU has a chicken feet problem with China

BRUSSELS: China has hit the EU’s serene underbelly in its war over electrical car imports: Pork. Poultry and pork will likely be next – particularly rooster toes and diverse bits that Europeans set aside no longer are more likely to enjoy, nonetheless rely on promoting.

It is a telling different by Beijing. Foods and drinks are at the 2d among the many few merchandise that China buys more of than it sells to the bloc, and they’ve been the first in the freeway of fire as Beijing retaliates over antisubsidy tariffs of up to 38 per cent on electrical automobiles.

This shift underlines how the EU-China alternate relationship has been became on its head since Beijing joined the World Commerce Group in 2001. China has moved up the price chain like a flash, changing into a study and constructing powerhouse at the centre of world provide chains. Its alternate surplus with Europe has ballooned in developed gear corresponding to batteries, photo voltaic panels and mobile telephones.