EU-China Hybrid Vehicle Quota: Limited Benefits for European Automakers Amid Intensifying Competition

EU-China Hybrid Vehicle Quota: Limited Benefits for European Automakers Amid Intensifying Competition

Trade & Industry, , , , , ,

The recent EU-China agreement to cap Chinese hybrid car exports to Europe at 350,000 units annually marks a significant shift in trade dynamics but offers limited strategic advantage to European automakers facing escalating competition from Chinese electric vehicles.

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Strategic Industrial Policy: Lessons for the West from China's Systematic Approach

Strategic Industrial Policy: Lessons for the West from China’s Systematic Approach

Trade & Industry, , , , ,

China’s targeted and systemic industrial policy, focusing on strategic sectors and integrated infrastructure, challenges Western approaches that often favor established industries. While Western institutions critique China’s model for inefficiencies, they increasingly recognize the need for a coordinated, long-term industrial strategy to maintain technological and economic competitiveness.

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