In the face of China's unusual sharp counterattack, EU trade leaders conducted a series of consultations to discuss current solutions

As Germany, which has suffered the most losses in China's trade retaliation, its negotiators strongly demanded a reexamination of whether the ban on China's nuclear power industry is necessary. He believes that the very professional technical issues of nuclear power need to be said by experts from the CERN to be counted, and they cannot just accept the one-sided words of a certain company.

The implication is that Germany believes that it is necessary to re-examine the current EU nuclear power protection measures. The German representative not only shouts for its own automobile industry, but also bluntly pointed out that in the current situation where European countries have not fully emerged from the debt crisis, the European economy is key task to maintain stability.

Faced with the opinions of the German representatives, the Italian representatives, who were both hit by the luxury goods industry and the automobile industry, were the first to respond. Their luxury goods and Ferrari, Alfa Romeo, and Masalati-class luxury cars were originally popular in the Chinese market. Under China's restriction on imports, Italy is the second most damaged country among EU countries.

The French stood up to oppose the opinions of Germany and Italy. He generously described that Europe would be a major blow to European nuclear reaction research after the loss of nuclear power market, and nuclear research is an important part of maintaining European security, so Europe cannot give in on this issue.

Since the butt determines the head, the coordination meeting naturally every country will consider its own interests first. For most Eastern and Northern European countries, they did not suffer much in this dispute because the two industries restricted by China are mainly concentrated on Western European countries.

However, for Eastern European countries with urgent nuclear power, they have proposed that their own energy needs are relatively urgent. If the Lotus Reactor technology is blocked, the EU or the United States cannot provide nuclear power equipment that can be cost-effective as the Lotus Reactor. They have proposed that the EU needs to provide energy subsidies to develop thermal power.

Britain, France, Germany and other countries strongly opposed this opinion of the representatives of Eastern Europe. There is no reason to show their own country and ask others to provide sponsorship. Everyone has already bleed too much in the European debt crisis, and now the landlords do not have surplus food. This bottomless pit-like energy subsidy cannot be discussed.

However, Nordic countries deeply agree with the measures proposed by the Eastern European representatives. They are all nuclear-free countries and do not believe that Europe needs to master nuclear technology. In their opinion, it is enough to have the nuclear protection umbrella provided by the United States. Europe does not need to waste resources in this regard for repeated construction.

Nuclear weapons must be the last choice of war. When it comes to this point, there is no difference between using Europe's own nuclear weapons or the United States' nuclear weapons. And research and use and maintenance in this area are extremely expensive. It is better to invest in the welfare of national society than to have this money.

When such loose alliances are controversial, they are always like this in most cases. They are noisy for a long time and are still open to debate. Last time, since no one thought the ban on nuclear power was serious, this thing has not been promoted on a large scale. Now they only see a predicted value rather than the actual value. Anyway, they have done a lot of similar things, and they have not seen such a big reaction from China. In addition, with Americans in front, everyone followed the flow. Who knew that China had reacted violently when it was abnormal.

Therefore, when discussing issues at this meeting, everyone should be more concerned about the scope of consideration. Each country has its own small calculations and is calculating whether it will lead to a new round of counterattacks by China. If China counterattacks, what kind of industry will they choose? After this dispersion, everyone will be more focused and no one is willing to emerge and become China's target.

It’s uncomfortable to be free. The representatives of these countries are not that stupid. Anyway, most countries don’t feel the pressure of China’s trade retaliation now, so they tend to either maintain the status quo or simply negotiate with China to resolve the dispute and open up the EU nuclear power market.

Anyway, if nuclear power investment wants to be implemented, there is still a strong approval procedure in the EU. Who doesn’t want the lotus of the East to pile up in it? Just refuse to approve the contract by itself. This kind of approval is not as conspicuous and sensitive as the ban. China must not be able to find any fault. If you can do it simply, why do you look as tense as you are now?

This is the logic of peace and well-being. For the French, it is not the case at all. Once it is not a collective action of the EU, they know that in a blink of an eye, Eastern European countries will devote themselves to the embrace of Oriental New Energy, and Nordic countries will completely abandon France's nuclear power plants and use lotus reactors to solve their increasingly scarce energy problems.

In this case, it is useless to say to the lotus pile alone. In any case, there are already many domestic nuclear power plants in France, and the new market space is far behind that of Eastern Europe and Northern Europe, which are now developing faster.

Therefore, France strongly opposed this kind of peace talk.

After all this trouble, the meeting will have no effect no matter how long it takes. The first round of joint consultation meeting on the China-Europe trade dispute ended in vain.

When the news broke out and reached China, the Chinese trade department officials breathed a sigh of relief. You should know that in this trade dispute, they are the people under the most pressure in the country. Using economic means to safeguard China's interests is the most disturbing one.

Compared with the trade sanctions against France selling weapons to the island in the past, the amount is much higher than the amount.

It can be said that this is a very rare trade retaliation measure in China against an industrial scale. The trade department conducted relevant analysis on the possible consequences of this measure in the future. Based on the list of import and export trade between the two sides, they listed the most vulnerable industries in China. Among them, the most dangerous one is the domestic textile and toy industries.

For the textile and toy industry, the EU is a very important market. Every year, the EU imports textiles, clothing and toys from China by more than US$70 billion, accounting for more than 40% of the total imports of the EU in this regard. This is an industry that is very easy to find alternatives. Europe can fully find alternative suppliers from within the EU, Southeast Asia, South Asia and other countries.

Relatively speaking, it hurts the least to European consumers. Although there is still some gap with Madeinchina in terms of price, color variety and quality, it will inevitably lead to a rise in market sales prices and have a negative effect on the stability of price in EU countries. However, this price is basically tolerant for the EU.

But if the EU market is lost, it will cause a major blow to the textile and toy industries, with a high possibility that the entire industry will be in winter, most companies may have to survive, and hundreds of thousands of workers are threatened with laid off at any time.

Therefore, this is a major weakness of China. It is also a hidden worry that cannot be solved in the short term. I just don’t know whether the EU will use this killer weapon to spread the trade war to more industries and make the trade war become more and more intense. It will not be continued.


Chapter completed!