China is killing Europe’s chemicals industry. Brussels wants to intervene
Brussels’ current trade defense policy is a “piecemeal, product-by-product” approach that is “no match for China’s macroeconomic distortions,” said Sander Tordoir, chief economist at the Centre for European Reform.
Tordoir, together with colleague Brad Setser, has called for a broader, US-style approach to Chinese trade discrimination. “Europe needs to urgently formulate a response,” he said.