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China’s economic trends – Situation at 14/10/2024

The issues we are following: China in the Indo-Pacific; Chinese defence and the Taiwan Strait; Sino-Russian relations; China’s involvement in the Middle East; Chinese economic strategy and trends; Dynamics and challenges of Chinese international tourism…

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  • Sino-European trade war:

In September 2023, European Commission President Ursula von der Leyen gave a speech on the state of the European Union, following which an anti-subsidy investigation into Chinese electric vehicles imported into Europe was launched.

Along with Trade Commissioner Valdis Dombrovskis, the European leaders denounced unfair competition favouring Chinese electric cars to the detriment of European electric cars. Today, Chinese electric cars account for 8% of the European market, with some estimates predicting an increase of up to 15% by 2025.

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