EU: China Must 'Adapt its Behaviour' to Resolve Trade War | Vantage with Palki Sharma

EU: China Must 'Adapt its Behaviour' to Resolve Trade War | Vantage with Palki Sharma
The on-going tensions over the bilateral trade between the European Union and China could escalate into a full-blown trade war. The EU chief has warned Beijing to mind its behaviour to avoid any further tensions. During an interview with a media agency, EU chief Charles Michel said, "We count on China to adapt its behaviour and to understand that we have to rebalance the economic relationships for more fairness, for fair competition, for a more level playing field." China and the 27-member bloc are at odds over Beijing's subsidies for its industries, which Brussels says unfairly undermine European competitors. Brussels had imposed new tariffs of up to 35.3% on imports of Chinese-made electric cars. Beijing responded with new tariffs on EU-made brandy. Further, Brussels is also probing Chinese subsidies for solar panels and wind turbines.
---
European Union | China | Charles Michel | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#europeanunion #china #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
​
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
/ @firstpost
Follow Firstpost on Instagram:
/ firstpost
Follow Firstpost on Facebook:
/ firstpostin
Follow Firstpost on Twitter:
/ firstpost
Follow Firstpost on WhatsApp:
www.whatsapp.c...

[@BukitMak]

The EU started the tariffs war and now warning China against retaliating? Two can play the game and let's see who blinks first. 😂

[@surfspark]

Both has to blink or both will lose.

[@josephguo6256]

@@surfspark China knows very well that the day of decoupling with the west will come soon. no big deal. Chinese get use in poverty.

[@blacksinclair2113]

​@@surfspark problem is that China's economy and supply chain is so large that it can withstand losing for a long period but EU's Economy is already spiralling from decoupling from Russia. They cannot decouple from China without turning into a 3rd world economy. China has the population to absorb it's production, they can sell to their own people and to the global south just like Russia. So both wouldn't lose. EU would.

[@surfspark]

@@blacksinclair2113 nope domestic consumption failed in china and that's why xi double down on exports.china cannot sustain for long as u said because property market has crashed,fdi inflows are negative, deflation, higher tariffs are going to be imposed by u.s,India,europe soon asean will start doing it as well.one thing is true in what u said that is europe will suffer but will not turn into 3rd world because remember europe domestic consumption is around 65 percent whereas Chinese domestic consumption is 34 percent.so in a trade war china will suffer more.

[@blacksinclair2113]

@@surfspark Fact check your assertions cos they are assumptions at best. Check the consumption of Chinese produced EVs even Tesla's largest market is China. They buy their own. Consumption might go down but China's economy is more than the next 7 (or thereabout) largest economies combined. It can survive a trade war. And you 'assume' that it will be easy to slap tariffs on China. Self-preservation is a powerful deterrent. US will not come to EU's aid when China retaliates and that's a given. Kindly check how EU voted for imposing tariff on Chinese EV's and you'll understand the power of self-preservation better. France has seen what will happen to it when China retaliates so they have rushed to India to extend a 'No-limits' partnership so that they can exploit the population of India and enter India's market. But India doesn't have the economy of China and will not in 10yrs (except there's a military war in the region).

[@kolviczd6885]

The west will keep lecturing others on moral high ground even to their own economic grave.. Keep it up EU 😂

[@aaronliu501]

Hum. Who started the trade war first?

[@sihksahmir5635]

according Firstpost it's China

[@tooltalk]

China, of course.

[@hokroeger]

"China must adapt to all of our demands, China is not independent nor sovereign". Yeah, that sounds like the USA.
Well, China adapts, but not to USAs worldwide tyranny, but to its own situation. As an independent and sovereign country has absolute right to do!

[@DC-qn4wz]

It's called "incentives" here in the US/Europe, and "illegal subsidies" in other countries.
It’s called “high productivity” here, and “overcapacity” there.
“Protecting national security” here, and “human rights violations” there.
“National defense” here, and “military buildup” there.
“Terrorists” here, and “freedom fighters” there.

[@tooltalk]

50 cents.

[@badbad-cat]

There's no adaptation. EU is US _pup - pet_ and will keep doing as told. The same fate awaits India when India becomes an economic challenge for the US

[@kingdorm9546]

You see there is a difference between russia in 90s , china today and india . When russia was at its peak , it wanted to dominate the world , now when china is strongest it wants to dominate all Asia eventually the world and that has put both countries in crosshairs of usa . Because usa is already dominating and dont want to relinquish its throne , now india dont have any such motives, it never did and never will , india doesn’t bother with who sits on the throne

[@surojeetchatterjee]

America & India doesn't have any conflict of interest apart from UK begging to America to poke India behalf of UK. Both r democracy. But China is communist & authoritarian one party system. American companies are run by Indian CEOs.

[@willsonwei4677]

A sexual incompetent says he doesn't want to…

[@jimkuan8493]

It is pretty obvious that EU put up the tariff for EV cars simply because EU cannot compete, right?

[@logueg]

How soon before the EU breaks up?

[@h02ctn]

Adolf H. dream project will not break. Sweden and Finland just joined NATO. Stronger than ever now with the USA.

[@JonySmith-bb4gx]

Meanwhile eu uk china japan all banned indian food products for using unhygienic ingredients

[@macebelejunior9316]

China doesn't need EU but the other way round😂😂😂😂 BRICS is more than half of EU plus CHINAs EVs are very affordable...Until EU becomes independent from US they will always be fools😂😂😂

[@nnf9431]

EU: Let's slap a 45% tariff on Chinese EVs
China: OK you want a trade war? Let's do this
EU: Stahp, you must adapt to resolve this trade war that we started

[@JonySmith-bb4gx]

Meanwhile eu uk china japan all banned indian food products for using unhygienic ingredients

[@venpul244]

EU needs China and not the other way... for cheap daily goods/items the people going to pay premiums for everything that is manufactured in EU and it is not sustainable with the current incomes... China can find markets elsewhere...

[@surfspark]

Which Market Chinese vehicles face huge resistance from all major market like europe, America,India,turkey,Korea,japan.u have no other option left china should learn to be flexible or it will be shattered.

[@adamsaciid4919]

@@surfspark lol still all that and chinese exporting are growing 😀😀

[@surfspark]

@@adamsaciid4919 lol the tariffs war just started it's takes to time to show it's effect.soon Chinese car exports with shrink just wait sometime.

[@jakew5987]

​@@surfspark what's on next on the list are the european luxury goods, who needs Lv bags anyways. those don't improve people's lives. people don't need brandy or luxury cars to go through life.

[@surfspark]

@@jakew5987 remember one thing all those bags are made in china giving employment to china and brings fdi into china.if they lose china lose as well so anyway china will get affected.

[@ZgO_o]

Its only in China subsidies make products cheaper for consumers while in western countries it only deepens investers pockets deeper and adds extra digits to CEO incomes

[@louistan7560]

Just like the US instructing India not to buy Russian oil.

[@huanghermann5207]

India: China must 'adapt its behaviour' to resolve trade war! Your title implies that China is the villain and EU is the victim. Is this the case in reality? Who has initiated the trade war? Is it China or EU? Why have you turned a blind eye on this issue?

[@surfspark]

When europe wants to sell it's car to Chinese market it set up factories in China and provided technology transfers and china imposed tariffs on European cars.now it time for china to manufacture in respective country where they want to sell those cars stop crying.

[@jakew5987]

@@surfspark The way how trade works is if one country has more advantages, to counter it and balance it, the one with the more advantages should provide more. Now China has more advantages in cheap manufactured labor, to balance it, you need to either lower the wage in your own country or allow more Chinese to move into other areas of manufacturing or into services so it has less advantages in cheap manufactured labor. But the West doesn't want to do that? instead it moves manufacturing abroad and strangle its entire manufacturing sector and move all its capital away?? Come back to reality please, you don't want to have capitals in the Chinese market anymore but you want to keep making money in the Chinese market? What's with the contradiction???

[@surfspark]

@@jakew5987 nope your understanding of trade is very bad if china makes cars in europe they can charge more for the cars.And europe will not reduce wage because to live a quality standard of life that wage is required.they cannot slave wage workers like china do.if they pay like china workers they will become a 3 rd world country.when europe had advantage in technology they shared their expertise and setup factories in China for market access but when it's Chinese turn they want to give nothing back.on top of that there are huge subsidy on steel and electricity so equalize the playing field u need tariffs and that's what European union did.

[@jakew5987]

@@surfspark So you want to flood China with European goods when it didn’t have the advantages but it cannot happen the other way around? That game cannot go on forever. People will not put up with that. So I guess both parties should add tariff when it fits their economic agenda and let time decides which one will prevail. The luxury cars don’t improve people’s lives that much, if there are cheaper replacements, people will go with them first.

[@jakew5987]

@@surfspark no one was saying anything when European goods flooded the world market, so this is clearly a double standard. The west climbed to its current position on the back of taking over the world's market, forcing the world to buy only its goods and manufacture for the west only during the colonialism. that's the truth right? That's not a form of cheating?? Like I said, people don't have to live for luxury goods, if Europe and the West hates the rest of the world, why still sells its stuff to them??

[@josephguo6256]

EU has no idea where he stands?

[@StevenHendrata]

Don't play fire if don't want to be victim.

[@rodolfo237]

I think India should take the opportunity to export advanced electric vehicles, home appliances, machinery, 5G networks, and other high-tech products to Europe and the U.S. Why isn’t it doing this? Oh... maybe India is too busy fantasizing about being a superpower every day!

[@luciferthedevil5426]

Because it cannot do shit

[@RaveendharWariy-bx1np]

New cold war

[@منال.يحيى-ث3ف]

انا اختك اليمنيه واعتبرني اختك والله ماتكلمت الا من جوع ومن ضيق الحال انا وكامل اسرتي تشردنا من بيوتنا بَسَبَبَ الَحَرَبَ نَحَنَ فَيَ حَالَهَ لَايَعَلَمَ بَهَا الَا الَلَهَ حَسَبَنَا الَلَهَ وًّنَعَمَ الَوكيَلَ فَيَ مَنَ اوًّصَلَنَا الَى هَاذا الَحَالَ وًّالَلَهَ الَعَظَيَمَ مَا كتَبَتَ هَذا الَمَنَاشَدَهَ غَيَرَ مَنَ الَضَيَقَ وّالَفَقَر يَاعَالَمَ حَسَوّا فَيَنَا ارَجَوّكمَ وّالَلَهَ الَعَظَيَمَ رَبَ الَعَرَشَ الَعَظَيَمَ انَه الَاكلَ مَا فَيَ عَنَدَيَ بَالَبَيَتَ وًّالَلَهَ يَا اخَوّانَيَ انَهَ اخَوًّنَيَ بَقَعَدَوًّ بَالَيَوًّمَيَنَ مَافَى اكلَ وًّالَلَهَ وًّضَعَنَا كثَيَرَ صَعَبَ نَحَنَ 4 نَفَرَ دَاخَلَ الَبَيَتَ وًّابَيَ مَتَوًّفَيَ وًّلَا يَوًّجَدَ مَنَ يَعَوًّلَ عَلَيَنَا وًّسَاكنَيَنَ فَيَ بَيَتَ اجَارَ لَانَسَتَطَيَعَ دَفَعَ الَاجَارَ الَلَيَ ''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' اخي اول كلامي انا اقسم بالله على كتاب الله اني لااكذب عليك ولا انصب ولا احتال اني بنت يمنيه نازحين انا واسرتي بيننا ایت الشهرب 20 الف يمني والان علينا 60 الف حق 3 شهور وصاحب البيت من الناس الي ماترحم والله يا اخي انه يجي كل يوم يبهدلنا ويتكلم علينا ويريد من البيت للشارع لانناماقدرنا ندفعله الأجار شافونا الجيران نبكي ورجعو تكلمو الجيران ومهلنالاخره الأسبوع معادفعنا له حلف يمين بالله هذا بيخرجنا إلى الشارع رحمه واحنا. بلادنا بسبب هذا الحرب ولانجد قوت يومنا وعايشين اناوامي واخوتي سفار والدنا متوفي الله يرحمه ومامعنا أحد في هذا الدنيا جاانبنا في هذه الظروف القاسيه اخوتي الصغار خرجو للشارع وشافو الجيران ياكلو واوقفو عند بابهم لجل يعطوهم ولو كسره خبز والله الذي له ملك السموات والارض انهم غلفو الباب وطردوهم ورجعو یبکو ایموتو من الجوع ما احد رحمهم وعطلة ردها لقمت عیش والان لوما احدنا ساعدنا في إيكيلو دقيق اقسم بالله انموت من الجوع فيا اخي انا دخيله على الله ثم عليك واريد منك المساعده لوجه الله انشدك بالله تحب الخير واتساعدني ولو ب 500 ريال يمني مع تراسلي واتساب على هذا الرقم 00967711868051 وتطلب اسم بطاقتي وترسلي ولاتتاخر وايعوضك الله بكل خير اخواني سغار شوف كيف حالتهم وساعدنا وأنقذنا قبل أن يطردونا في الشارع تتبهدل أو نموت من الجوع وانا واسرتي نسالك بالله لولك مقدره على مساعد لاتتاخر علينا وجزاك الله خير…}~÷~√~•|`=^°¢>®¶™©£]£^_`^`_`°

[@prajwal1341]

Now bots will start crying😭😭

[@Kkumar22228]

🇮🇳 stand with 🇮🇱 , flat 🕋, cryna economy ↘️😂

[@JonySmith-bb4gx]

Meanwhile eu uk china japan all banned indian food products for using unhygienic ingredients