The EU's action against Chinese EVs have also ignited retaliatory moves by China. China is cutting off pork imports from the EU, citing dumping, which is hitting the farmers in Europe the same way as the soya bean farmers in USA. And who is making a beeline all the way to the Chinese pork market? The Russians are taking over a large portion of the Chinese pork import market, helping its economy and helping de-dollarization as well. What are being friends and members of BRICS for anyway? Enemies are not to be treated the same way as friends. To be an enemy of China is fatal, to be its friend is beneficial.
China is also targeting EU brandy, citing its move as against subsidies by Governments in Europe, mirroring the EUs move against Chinese EVs for the same reason. What is sauce for the goose is now sauce for the gander. The sword can cut both ways.
Anonymous
1 comment:
Xi gifted a set of Xiaomi smartphones to South Korea's President Lee. Lee asked Xi - 'is the line secure', to which Xi quipped 'check if there is a backdoor'. LOL. This is a veiled insult directed at the USA obviously.
Post a Comment