• Lucius_Sweet@lemmy.world
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    7 hours ago

    It is more than “racism and notions of white supremacy”, EU and China are both exporting and manufacturing powers. China recently moved into exporting the high value manufacturing products like cars which are a large part of the EUs economy making both blocks rivals.

    The Chinese government is using state subsidies to tip the balance further in the favour of Chinese manufacturers. This is just one example from one industry, this pattern is repeated by China across the board. The government is well within its rights to do this but the EU is equally well within its rights to protect its own economy from a form of trade war. It is incredibly reductive to just play the racism card while ignoring the real issues.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      5 hours ago

      EU is not really an export power in any meaningful sense. But even if that was true, you could make exact same argument with the US which directly competes with Europe on exports. Europeans have had absolutely no problem sticking their heads up American ass as far as possible.

      Meanwhile, everybody is free to run their internal economy the way they see fit. The whole premise of free markets and capitalism was efficiency. It was supposed to naturally outcompete planned economies like China. If the model isn’t actually working then Europe could acknowledge that and emulate what China is doing instead of whinging. Or accept that they have an inferior model of economic development.

      Finally, the EU very obviously doesn’t give a fuck about protecting its economy. If it did, it would’ve never allowed itself to become so dependent on energy imports from the US. The EU kept paying lip service to the idea of going green, but refused to invest into stuff like wind and solar because it came from China. Now the EU finds itself being bent over a barrel by Americans. And it’s frankly well deserved.