China’s overcapacity is creating problems in Europe and crowding out domestic industries, according to the European Union Chamber of Commerce in China.
Oh no! The lack of investment in R&D from established European car companies and the lack of investment in European car startups led to European cars being uncompetitive globally?
There’s an easy answer to this: build factories for Chinese car companies in Europe. That’s not the answer that key corporate lobbyists will like, but it’s the one that solves all the problems.
Oh no! The lack of investment in R&D from established European car companies and the lack of investment in European car startups led to European cars being uncompetitive globally?
There’s an easy answer to this: build factories for Chinese car companies in Europe. That’s not the answer that key corporate lobbyists will like, but it’s the one that solves all the problems.