Europe Expresses Concerns Over China's Economic Dominance

Europe’s fears about China trade threat miss the point

Europe’s political and business leaderships appear to have concluded that China’s economic dominance represents an existential threat – not from intrinsic competitiveness but from subsidies, technology theft, state-owned enterprises and a pervasive industrial policy. Cecilia Malmstrom, former European Commission member and a member of the European Parliament, wrote this week about “an ever more aggressive China”, which “seems to be entering a new phase of industrial policy with an increase of...

By David Dodwell