"Rising Trade Tensions: China's Growth Model Sparks Conflicts with the West"

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Source: Reuters
"Rising Trade Tensions: China's Growth Model Sparks Conflicts with the West"
Photo: Reuters
TL;DR Summary

China's economic growth model, driven by industrial overcapacity and export reliance, is fueling trade tensions with the EU and other countries. Concerns over China's debt-driven development model and overcapacity in sectors like steel and electric vehicles have led to trade conflicts and protective measures from trade partners. While China aims to rebalance its economy towards domestic demand, its current path is seen as unsustainable and could lead to more trade conflicts in the future.

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