{"id":17997,"date":"2026-05-28T15:39:41","date_gmt":"2026-05-28T15:39:41","guid":{"rendered":"https:\/\/www.europesays.com\/be\/17997\/"},"modified":"2026-05-28T15:39:41","modified_gmt":"2026-05-28T15:39:41","slug":"european-leaders-get-ready-to-act-now-amid-rising-fears-of-china-shock-2-0","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/be\/17997\/","title":{"rendered":"European leaders get ready to \u2018act now\u2019 amid rising fears of \u2018China shock 2.0\u2019"},"content":{"rendered":"

European Commission leaders are preparing to harden the EU\u2019s economic stance towards China<\/a> at a pivotal debate on Friday, opening the door to a new wave of trade and industrial measures later this year.Sources indicated that a majority \u2013 though not all \u2013 of the 27 commissioners, including President Ursula von der Leyen<\/a>, are supportive of a more robust trade and industrial policy, amid rising fears of de-industrialisation, in what is now widely described in Brussels as the \u201cChina shock 2.0\u201d.Trade commissioner Maros Sefcovic<\/a> is set to pitch a new \u201cdiversification instrument\u201d which would insist that companies in some critical sectors ensure they have three or more suppliers in two or more countries, amid fears of overreliance on Chinese supply chains.<\/p>\n

Industry chief Stephane Sejourne, meanwhile, is set to advocate the broader use of the foreign subsidies regulation (FSR). The tool has been widely used against individual companies, but the French commissioner is said to support using the tool in a much broader, sector-focused way to combat perceived market distortions by subsidised Chinese firms.<\/p>\n

Both of those officials support the more widespread use of safeguard measures, seen as emergency tools that can place tariffs or quotas in the case of surges in imports. With an eye on the chemicals and machinery sectors, there is the view that time spent on anti-dumping and anti-subsidy probes could be halved to around six months through the use of safeguards.<\/p>\n

\"IndustryIndustry chief Stephane Sejourne will push for wider use of the foreign subsidies regulation. Photo: EPA<\/p>\n

At the heart of their concerns is that Europe\u2019s industrial base could be decimated within years due to the breakneck growth of Chinese competitors, which are out-competing their European rivals on price and often quality in China, Europe and in third markets around the world.<\/p>\n","protected":false},"excerpt":{"rendered":"European Commission leaders are preparing to harden the EU\u2019s economic stance towards China at a pivotal debate on…\n","protected":false},"author":2,"featured_media":17998,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5],"tags":[11756,954,18,400,277,4140,125,115,172,2820,176,11755,2146,1023,116],"class_list":["post-17997","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brussels","tag-alfred-schipke","tag-beijing","tag-brussels","tag-china","tag-european-commission","tag-european-council","tag-european-union","tag-france","tag-germany","tag-international-monetary-fund","tag-italy","tag-kevin-rudd","tag-lithuania","tag-netherlands","tag-spain"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@be\/116652957303490489","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/be\/wp-json\/wp\/v2\/posts\/17997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/be\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/be\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/be\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/be\/wp-json\/wp\/v2\/comments?post=17997"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/be\/wp-json\/wp\/v2\/posts\/17997\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/be\/wp-json\/wp\/v2\/media\/17998"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/be\/wp-json\/wp\/v2\/media?parent=17997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/be\/wp-json\/wp\/v2\/categories?post=17997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/be\/wp-json\/wp\/v2\/tags?post=17997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}