💬 Opinion 4h ago · Alexandra Gerasimcikova

The EU Fears China’s Power Over Private Capital

Jacobin Magazine
Socialist perspectives
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The EU Fears China’s Power Over Private Capital
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Emmanuel Macron celebrated a new EU deal to reduce Chinese car imports as a blow against “unfair competition.” What really troubles European leaders is that China has successfully disciplined its capitalists — something Europe is unwilling to attempt.

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