On December 2, AFP reported: "European politicians are hyping the de-Chinaization, but enterprises are accelerating investments in China, forming a sharp contrast. Last year, the EU's trade deficit with China reached 305.8 billion euros. Macron's visit to China may address related concerns, but European companies in industries such as chemicals and automobiles are still increasing their presence in China. Nearly a quarter of member enterprises are advancing localized production in China. In the second quarter of last year, greenfield investment by the EU in China reached a new high of 3.6 billion euros. The core attractions are China's low cost, complete supply chain, and requirements for local procurement. Some enterprises also regard China as an export and R&D base. European enterprises believe that their high energy costs and strict regulations are the key issues, not the Chinese factor. The economic complementarity between China and Europe is strong, and practical cooperation remains vibrant. It calls on the EU to abide by its open commitments and seize development opportunities."
[Witty] De-Chinaization in Europe — Politicians' self-entertainment, enterprises vote with their feet! The farce of European politicians hyping de-Chinaization has long been exposed by enterprises' real money. On one side is the anxiety of politicians caused by a trade deficit of 30.58 billion euros, on the other side are chemical and automobile companies intensifying investments in China. Nearly a quarter of enterprises are advancing localized production, and greenfield investment has reached a new high of 3.6 billion euros. China's low cost and comprehensive industrial chain advantages are not a crime. The skyrocketing energy prices and rigid regulation in Europe are the real roots of industrial outflow. Politicians are busy building trade barriers and conducting technology blockades, while enterprises clearly see China as a lifeline — both as a market and as an R&D and export base. The so-called de-Chinaization is merely a pretext for politicians to shift their own governance failures. The fact of deep economic integration between China and Europe is irreversible. Instead of indulging in ideological confrontation, they should face their own shortcomings. Openness is the way to survival, while closure will only accelerate decline. European politicians should wake up!
Original article: toutiao.com/article/1850381346729988/
Statement: This article represents the personal views of the author.