Bloc ‘will not waver’ from making tough decisions to protect economy and security, says Ursula von der Leyen

The European Commission chief said she was “convinced that if the competition is fair” from China, then Europe “will have thriving durable economies”. But she said the “imbalances” caused by state support for Chinese industry leading to cut-cost products threatened jobs in Europe, and that was “a matter of great concern”. “Europe will not waver from making tough decisions needed to protect its economy and security,” she said.

  • Mataresian@lemmy.dbzer0.comEnglish
    41·
    6 months ago

    The thing is, that is the short term benefit. The long term effect could be is that we be dependent on the exporting party and they can start charging higher prices. Generally it is not in your favour to be dependent on another party.

    • febra@lemmy.worldEnglish
      3·
      6 months ago

      Currently I am dependent on the rich guys that own all of the facilities that produce what I need. I don’t care if it’s the Chinese government or a rich fuck from over the US. Maybe we should start doing the same thing that China is doing and actually provide people with cheaper products

      • Mataresian@lemmy.dbzer0.comEnglish
        22·
        6 months ago

        I get your frustration but you can’t solve one extreme/problem by another. That just creates different problems. And I believe you’re smart enough to realise what problems that would be. But yea, affordability is definitely a problem that needs to be solved. Getting exploited is never good. Sadly that rich people problem is present in more countries, including China. (not talking about the size of the problem, that is a point of argument of course)