European manufacturers warn of rising competition as China ramps up exports of electric vehicles, solar panels, and industrial machinery.
European manufacturers are preparing for a new wave of competition from Chinese firms, particularly in electric vehicles, solar panels, and industrial equipment. Beijing’s export push follows years of state-backed investment and overcapacity in key sectors, analysts said.
The European Union has already imposed tariffs on Chinese EVs and is investigating subsidies in other industries. Previous trade disputes, including steel and solar, saw EU firms lose market share despite protective measures.
Shares of European automakers and renewable energy firms dipped on concerns over pricing pressure and margin erosion. Policymakers are weighing further trade barriers against potential retaliation.