Another piece questioning the economic and geostrategic rationale behind the OBOR Initiative and its implications for Europe, especially the CEE countries.
Thyssen-Krupp discusses a merger with Tata Steel.
This is rather unusual : eight EU countries band together for a complaint in a Chinese court for non respect of geographical indications, ie Chinese selling feta cheese, greek yoghurts or other wines as generic local products. Have Chinese courts become independent ? Or just testing ?
The Chinese are apparently on the verge of buying Fiat Chrysler Auto (FCA) and with it, Jeep, a true icon of American history. Two remarks: (1) their mountain of money has to go somewhere, and the Popular Republic has a State Policy of acquiring foreign businesses, and at the end of the day FCA is…… Continue reading Chinese Jeep
The EU imposed provisional duties of 28.5% on some steel products from China, following an investigation started in December 2016 and a 45% surge of imports in 2017. Anyway, the Chinese producers make a half of European imports of the products in question and the Global Forum on steel is not apparently able to limit…… Continue reading Anti-Dumping on Chinese Steel
France, like the rest of Europe, enjoys a certain reprisal of the economic activity. Their problem is that imports contribute more and more to growth, up to a third of the internal consumption. It stayed to around 15 per cent until the end of the sixties, and then grew constantly, no doubt as a result of the…… Continue reading Made in France, but less and less
The New York Times draws a picture of incoherence about Trump’s trade policy : much trumpeting, little action; when action is nonetheless taken, it’s like barking at the wrong tree. steel no more a priority : so much fuss about the Section 232’s national security exception for nothing !? surtaxes on Canadian lumber, with residential…… Continue reading A Confused US Trade Policy