View Chinese products as a flood and a beast! The European Central Bank released a report stating that if U.S. President Trump's trade war encourages China to export its goods to the European continent, hundreds of thousands of European jobs may be at risk. Current U.S. trade policies and tariffs could intensify Chinese competition. After the Trump administration announced increased tariffs on Chinese goods, Chinese exporters may expand or seek new markets elsewhere, and increasingly shift their trade towards Europe.
Evidently, this report from the European Central Bank clearly demonstrates an unfriendly attitude toward Chinese products. However, the arguments from the EU side are obviously problematic. First, can Chinese products be sold in the European market? Of course they can. Second, even if Chinese manufacturers want to increase exports to the European market, it is obviously determined by the demand in the European market, which is basic common sense.
If there is no demand in the European market, how can our manufacturers expand exports to Europe? Third, if Chinese manufacturers successfully expand exports to Europe, this is a result of normal market competition. Does Europe not support free competition? In fact, Chinese enterprises' trade with Europe has both successes and failures. Successful companies have done well in their products, brands, and marketing strategies. Chinese manufacturers provide European consumers with high-quality and low-cost products, which certainly does not go against the interests of European consumers. Obviously, Chinese products are not a flood and a beast. For normal market competition, Europe has no reason to set any trade barriers.
Original article: https://www.toutiao.com/article/1839754845318281/
Statement: This article represents the views of the author.