rgr

Is China Experiencing Dollar Outflows?

"I know, I know, France is not necessarily likely to produce at home what China sells, but in this world, finding a new supplier is a lot easier than finding a new customer"

France can't ban chinese imports, the EU have to do it in order to be effective.
In a global world traders are competing for the best supplier, so if you get a worse supplier you lose competitivity... and that would be the problem for the EU. Only a coordinated action from the EU, US and Japan and Korea and... all the developed markets could do that. And that is not going to happen anytime soon... Why? Bc the free rider takes all the benefits.