Macron Is Pushing Europe Into $900 Billion Fight With China

  • EU probe into Chinese electric vehicles carries trade risks
  • Europe must affirm power or submit to China, one official says
WATCH: Chinese Vice Premier He Lifeng expressed Beijing’s strong concern about the EU’s anti-subsidy probe into China’s EVs. John Liu reports.Source: Bloomberg
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The European Union’s new, tougher approach to China is being shaped by French concerns that Beijing’s trade practices have started to pose a critical threat to core industries.

The government in Paris has taken a key role in driving the policy shift, according to people familiar with its thinking, calculating that inaction now would put the bloc’s economy on a path to long-term damage.