Uln

Is China Experiencing Dollar Outflows?

Hmm. France cannot ban Chinese imports directly, but countries have many many ways to set barriers on imports that are less obvious and that France can still use. For example, stricter health and safety standards, etc. Moreover, although EU is typically slow to react because of its structure, it does have a very strong voice in WTO and it has showed in the past that it can take serious measures against unfair trading partners.

I tend to agree with Michale Pettis's idea. It is pure business logic, when you are a suppllier you want to be careful with the guys who are buying your products.