The Language of Power: How to prevent China shock 2.0
As China’s industrial overcapacity reshapes global trade, Europe faces a difficult question: how can it protect its manufacturing base without accelerating economic fragmentation?
Ahead of the EPC’s second Brussels Economic Security Forum, this episode of The Language of Power explores whether Europe is entering a China shock of historic proportions – one driven not only by competitive Chinese technology and lower prices, but also by state-backed industrial policy, subsidies and strategic export power.
Host Paul Taylor is joined by Georg Riekeles, EPC's Associate Director, Head of Europe’s Political Economy Programme and Co-Director of the Brussels Economic Security Forum, and Yanmei Xie, Senior Associate Fellow at MERICS, to discuss the risks for European industry, the political pressure for tougher trade tools and how Beijing may respond if the EU moves towards a more assertive economic security agenda.
From steel, cars and chemicals to batteries, machinery and electric vehicles, the episode asks what Europe can do to prevent key industries from being swept away – and whether the EU has the political will to confront China’s industrial export wave.
You can also listen to the episode here:
This podcast is part of the Europe in the World podcast.
