World & BusinessEurope’s car industry and the risks of a second “China shock”
L’Express describes economist Brad Setser’s warning that Chinese competition poses a real risk to the survival of Europe’s car industry.
TLDR
L’Express describes a wave of Chinese exports reaching Europe after hitting U.S. industry around the turn of the 2000s. In the publication, economist Brad Setser warns that Europe’s car industry could disappear and urges Europeans to build their own response without counting on the United States.
Europe’s car industry and the risks of a second “China shock”
L’Express describes economist Brad Setser’s warning that Chinese competition poses a real risk to the survival of Europe’s car industry.
TLDR
L’Express describes a wave of Chinese exports reaching Europe after hitting U.S. industry around the turn of the 2000s. In the publication, economist Brad Setser warns that Europe’s car industry could disappear and urges Europeans to build their own response without counting on the United States.