Reported 8 months ago
The chairman of Germany's largest opposition party, CDU, Friedrich Merz, has urged for more strict and effective regulation of Chinese online retail platforms like Temu and Shein. Merz expressed concerns over the flood of cheap products from Asia entering Germany without tariffs or inspection, while European manufacturers face stringent controls. He emphasized the need for fair competition and highlighted issues with false value declarations and lack of checks on products reaching consumers. A study revealed a significant increase in popularity and usage of Temu and Shein platforms, calling for coordinated efforts among EU members and the European Commission to address the trade policy challenges.
Source: YAHOO