German Media: China Will Not Change Its Economic Model

Reported 8 months ago

According to a report by Deutsche Welle on June 25, 2024, the Chinese government has shown reluctance to change its economic model despite facing potential punitive tariffs from the EU on Chinese electric vehicles. This stance stems from China's long-standing support for its automotive industry and its desire to maintain dominance in specific markets. The article also highlights recent tensions between China and the Philippines in disputed maritime areas, indicating China's provocative behavior to test boundaries without U.S. intervention. The article warns that Beijing's actions could lead to further escalations in the region.

Source: YAHOO

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