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In recent years, the United States has set many sanctions and blockade measures around China, and the game between China and the United States has become more and more intense under the initiative of the United States. In order to successfully suppress China, not only the United States itself has launched sanctions and restrictions against China, but also roped in the European Union and some other countries to launch sanctions against China.
In the face of increasingly complex international relations, the economic game between China and the United States is not only a short-term conflict of interests, but also affects the formation of a new global economic pattern and the stability and future trend of the international order.
In this game, China has shown excellent strategy and wisdom, which not only sends a very clear signal to the United States and the European Union, but also shows the international community that cooperation and win-win results are the main theme of future development.
For the EU now, it is at a crossroads. Especially in the context of the increasingly complex international situation, the decisions made by the EU are likely to produce a series of reactions and even affect the development and direction of the global economy.
In such a complex situation, every choice China makes is very crucial, especially in the face of external pressure and constant challenges, China will not passively make choices, but appropriately apply the principle of economic leverage to safeguard national economic interests and ensure the fairness of global trade.
In particular, in the face of the sanctions initiated by the United States and the European Union, China has taken very clear countermeasures.
China has taken the necessary steps to retaliate against the EU
Recently, China has also taken decisive countermeasures against the sanctions launched by European and American countries. Promoting the imposition of tariffs on new large-displacement vehicles can be said to have directly hit the pain points of European and American countries in this industrial field.
In the past years, due to the relatively late start of the development of the mainland automobile industry, most of the cars sold in the Chinese market are imported from overseas.
As the demand for automobiles in the Chinese market continues to rise, the scale of cars sold to China by some European and American countries is also expanding. In the long run, European and American countries have become highly dependent on the Chinese market for the automobile industry.
For example, some countries such as Germany and Sweden. Prior to this, the auto companies of these countries made a lot of money in the Chinese market. China, on the other hand, has taken tariff countermeasures against large-displacement vehicles. It can effectively protect the interests of the domestic auto industry, and it can also fight back against countries that try to suppress China through tariffs.
Recently, the relevant departments of the mainland issued an anti-dumping investigation on pork products and processed products imported from the European Union. In fact, the amount of agricultural products imported by the mainland from overseas every year is also relatively large, and China has become the EU's third largest partner in agricultural exports. The EU's annual export of agricultural products to China is close to 15 billion euros.
Nowadays, China's anti-dumping investigation on agricultural products from the EU is actually aimed at safeguarding the relevant interests of the domestic industry, and it is also a message to EU countries that only through economic cooperation can the goal of mutual benefit and reciprocity be achieved.
These economic measures adopted by China have once again unleashed its influence as a global economic power, and have effectively countered the United States and Western countries through precise economic leverage.
Some analysts believe that in fact, the countermeasures taken by China are completely different from the Sino-US trade war launched by the United States. Instead of imposing more extensive punitive sanctions on the EU, China's countermeasures have opted for a more precise approach and directly targeted counter-attacks against their counterparts in the EU, thus achieving a more effective counter-attack effect.
The EU wants Chinese technology
Recently, China has repeatedly demonstrated its influence to the EU.
For example, in response to EU sanctions, China launched an anti-dumping investigation against brandy from the EU. In recent years, brandy exported from the EU has been very popular in the Chinese market.
Especially France, which is not only a well-known exporter of brandy. France also played a catalytic role when the European Union decided to launch an investigation into electric vehicles from China.
The big countries have said they want to launch an investigation into China's electric vehicles, and they also strongly support the European Union to introduce new tariffs to increase tariffs on electric vehicles from China. China's anti-dumping investigation over brandy is also a precise blow to France.
Now, the commerce department has launched an anti-dumping investigation on pork, once again pushing back against the EU's move to increase tariffs on electric vehicles from China. So why is the EU raising tariffs on Chinese electric vehicles?
Not long ago, the United States increased sanctions on trade with China and launched a series of actions such as Section 301 investigations. After the incident, the United States announced the formulation of tariffs around Chinese electric vehicles and other products, and increased tariffs on these products. The United States has also pulled in the European Union and asked the European Union to target China's electric vehicles through the means of exaggerating China's overcapacity.
In the face of the U.S. demands, the EU has chosen to stand with the U.S. very decisively and has introduced new tariffs for Chinese electric vehicles. Some analysts believe that the main reason for the EU's move is to force Chinese auto companies to share technology with them.
In the past years of development, the mainland electric vehicle industry has indeed made brilliant achievements, and has continuously achieved breakthroughs in technology and independent innovation. But these technologies are confidential, and they are the core competitiveness of China's electric vehicles.
While China is resolutely defending the legitimate interests of Chinese companies, the EU has raised tariffs without any factual basis.
Obviously, the EU is doing this to obtain the relevant technology of Chinese electric vehicles, although some European car manufacturers say that the EU's decision is wrong, and the EU's approach will only harm the development of the European auto industry.
This indirectly reflects the crucial choice that the EU is facing to find a new balance between trade openness and trade-protection.
Over the past few years, the EU has imposed several trade sanctions against China. Both countervailing investigations and trade remedy policies have had a negative impact on trade between China and the EU. And now the European Union is following the United States in increasing tariffs, once again intensifying trade between China and Europe.
Unlike the European Union, Japan has not increased tariffs on Chinese imports with the United States, and many Japanese companies have also said that if Japan does this, it will have a fatal impact on Japanese companies and the industrial chain of Chinese production.
If China takes countermeasures, it will be extremely detrimental to the development of Japanese companies.
What are your thoughts on global trade? Welcome to discuss in the comment area!
Information sources:
Ministry of Commerce of the People's Republic of China: The EU wants to increase its agricultural exports to China