How bad can the escalating EU-China trade war get? | DW News

French cognac symbolizes wealth and refinement for Chinese elites. This status is under threat after Beijing says it will investigate EU brandy imports. Anti-dumping probe comes four months after Brussels complains of flood of Chinese electric cars.

Follow DW on social media:
#china #eu #business

[CK-joim]

The Chinese have a right to respond to bullying. Who would say no to this?

[zhugecunfu-prsd]

The highest European car sales record is 6 million units sold in China in one year. China didn't say anything.
Less than 100, 000 Chinese cars have been sold in Europe, and Europe wants to impose high tariffs on Chinese cars.
To be honest, China is not afraid of the China-EU auto trade war at all.

[happymelon]

This trade war initiated by France, NOT Germany .
Therefore, China made an accurate response to French brandy imports.
The total value of brandy imports to China = US$1.42 billion in 2022 .

[JohnJones-kd]

I think China knows who is behind the EU looking at Chinese car exports.
VW makes 50% of its global profits in China, so could be interesting to see what happens.
EU subsidised industries exporting to China is ok, China doing the same is not ok.
Now I get it.

[sarahjenkins]

I don’t see a problem here, when China is only helping Europe “de-risk”.

[shutup]

this is Von Der Leyen's personal vendetta because China correctly treated her like a bureaucratic nobody when she visited china

[prasitclinic]

Many decades ago Many companies sell a wide range of bracelets in China, such as automobiles, machinery, expensive medical equipment, luxury items. He trades happily.
Today, China has begun to develop quality products that are cheaper than European products because of lower costs. Employees who work harder and are more productive Instead of Europe developing work Instead, they only thought of using trade barriers.

[naskutak]

But when German exposts to all of European countries more then 70% but importing only 30 %... How comes for 100 years they never was tolking about trade imbalances

[jt-ttt]

French can sell their brandy to India and Indonesia😂

[harryloo]

Such a rarity that DW actually invited a real expert to interview instead of the usual ideological crusaders.

[lachen]

"If you can investigate me, I can also investigate you". The question is, who has got more to hide?

[juliecheung]

The trade deficit is mostly due to EU countries stop selling high tech equipment and chips to China under pressure from the US government. One should produce goods more sellable rather than using sanctions all the time!

[donkalzone]

A surprisingly neutral expert, someone who is not playing the usual blamegame 🤔

[marktrinidad]

I think China's response is weak. Imagine the entire brandy imports by China is just under $1.5 Billion USD compared to the potential billions of dollars of lost revenue on their high tech EV's due to French trade war. To be honest also, French wines are just overrated. American, Australian, Italian wines are much better quality.

[tealefti]

This is a really good interview, especially in pointing out tensions within European block itself and their different interests causing different trade agendas.

[damingchan]

Excellent unbiased truthful speaking guest vs biased interviewing questions as usual by DW.

[araara]

Ha ha ha ha...
The US and EU can play with tariffs, and China can't?

[jerryfish]

I think China is smart to choose French brandy to investigate is to send a message to EU, that their internal issue need to solved internally and don’t use China as a reason to shift the focus. Why China don’t investigate Germany or Italy. The media need to learn more.

[luihinwai]

Europe is in terminal decline and they are naiive to think they are still an important player in geopolitics. Soon they will be even less important than ASEAN

[News_Watcher]

China banned wine imports from Australia during Liberal Gov and that made Australia struggle for a while until the newly elected cabinet from the Labor party - things better and Australian wine exports to China resumed recently.