Europe
New Delhi: A new report says Europe is becoming a major destination for low-cost Chinese products, putting pressure on local manufacturers. Despite tariffs on Chinese goods such as electric vehicles, exports from China to Europe continue to grow. China’s ability to produce goods at low cost has helped it become one of the biggest suppliers to markets around the world. European countries have long imported Chinese products, but a new report suggests the scale of those imports is becoming a bigger concern for manufacturers across the continent. French newspaper Le Monde reports that the European Union (EU) is searching for…
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