Source: Bloomberg

Author: William Horobin, Ania Nussbaum

The European Union's new tough measures for China's newly adopted is mainly that France is concerned that Beijing's trade behavior has begun to pose a serious threat to the core industry.

According to people familiar with the matter, the French government has played a key role in promoting the EU's transformation policy. It is believed that if it is not taken now, it will make the euro zone economy facing a long -term unfavorable situation.

According to officials who did not want to disclose their names, cheap imported products from China ten years ago destroyed European photovoltaic production, and the photovoltaic industry suffered a disaster.One of the officials said that the European automotive industry may also be vulnerable this time. The European Union faces a two -choice choice, either to strengthen its own strength or succumb to China.

The purpose of

This is not to turn the trade relationship of $ 900 billion in Europe and China each year into a relative situation like China and the United States, but to establish a fair competitive environment among the world's largest economies.

A person familiar with the matter said that French President Macron hopes that EU partners will regard Europe as a balanced power between the world's two economic superpowers, so that France and other countries can establish a special relationship with other potential allies such as India.

However, the EU's position becomes stronger, which makes people nervous. Even French officials are worried that it will affect the French principles if it is practiced.

One of them said that the EU's excessive reaction caused by the launch of the anti -subsidy investigation of China Electric Motors was worrying, and the other acknowledged the risk of a trade war.