Europe's alternative to Trump's China trade war
Europe is testing a new response to China Shock 2.0 , betting that it can confront Beijing's export juggernaut without resorting to President Trump's tariff-heavy approach. Why it matters: More of the world is beginning to confront the threat that China's industrial overcapacity poses to their industries. But protecting individual sectors will not solve the bigger problem: China's factories are cranking out far more than its own economy can absorb. Driving the news: The European Union and China…


