For three years Europe has repeated the same phrase about China, de-risking, not decoupling, and for three years it has struggled to show what the phrase means in practice. In mid-2026 that is starting to change.

At the European Council on 19 June, heads of state handed the Commission a clear political mandate to strengthen the bloc’s defences against Chinese industrial overcapacity and other forms of what Brussels calls unfair competition. The debate ran for more than two hours, which in European summitry signals a genuine argument rather than a rubber stamp.

The numbers behind the frustration are stark. The EU’s trade deficit with China has swollen to roughly 360 billion euros a year, close to a billion euros every day. Behind that figure sits a pattern European manufacturers know well: heavily subsidised Chinese capacity in electric vehicles, solar panels, batteries and now chemicals, produced far in excess of Chinese demand and pushed onto world markets at prices domestic rivals cannot match.

Yet the [European] Commission is careful to keep the door open. De-risking was always meant to reduce exposure, not to sever a relationship worth hundreds of billions in two-way trade.

Beijing, for its part, reads every tariff as provocation and has warned of retaliation against European farm goods, spirits and luxury exports.

What has shifted in 2026 is not the slogan but the resolve behind it. Europe has stopped debating whether Chinese overcapacity is a problem and started arguing about how forcefully to answer it. For a bloc that prizes consensus and caution, that is a meaningful change of gear.

Archived

  • einkorn@feddit.org
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    14 days ago

    Imperial capitalism. Not so funny when you are on the receiving end, eh?

  • DupaCycki@lemmy.world
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    14 days ago

    Tl;dr - European companies are mad, because they cannot compete with their Chinese rivals.

    Aside from industries where Chinese companies cut costs by abusing workers - I don’t see why I should pay more just so a European billionaire can get richer, instead of a Chinese one.

    Some of the aforementioned industries where Chinese companies fail to uphold reasonable working conditions and ethics are already sanctioned on an EU level.

    Let’s include more violating companies on that list, and leave the rest as it is. No European should pay more for the same quality and same ethical standards.

    If European companies cannot compete on equal terms - by the market’s rules they should go out of business. Innovate and improve, or go bankrupt.

    • tardigrade@scribe.disroot.orgOP
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      14 days ago

      No European should pay more for the same quality and same ethical standards.

      Yeah, but Chinese companies don’t have the same ethical standards. Neither do they have safety standards. That’s the point.

    • majster@lemmy.zip
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      13 days ago

      Countries are selfish as always. But you can’t argue that whole world operates within same constraints and legal frameworks.

    • gabelstapler@feddit.org
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      14 days ago

      don’t see why I should pay more just so a European billionaire can get richer, instead of a Chinese one.

      Because it will save European jobs, who will pay taxes in Europe? Because they will obey environmental laws? Because the European billionaire’s company will pay taxes in Europe? (Ok, the last one was a joke)

    • mabeledo@lemmy.world
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      13 days ago

      I don’t see why I should pay more just so a European billionaire can get richer, instead of a Chinese one.

      Because European jobs are on the line.

      I’d rather buy European.

      • Jimbel@lemmy.world
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        13 days ago

        On a greater scale what you say is not happening. And that is the reason why the EU has this trade deficit.

        EU needs to become self sustaining. And only import what complies to the same rules EU industries abide by. At least as far as possible

      • DupaCycki@lemmy.world
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        12 days ago

        European jobs aren’t on the line because Chinese companies are better at capitalism than European ones are.

        European jobs are on the line, because European companies have been prioritizing nothing but shareholder value for the last 100 years.

        If you really think buying European will lead to more jobs and/or better pay for European workers… Boy, are you in for a reality check.

        I really wish what you’re saying was the case, but it isn’t. The EU is currently ruled by American assets, and European corporations are just as bad as American ones. The only difference is that they have more regulations to worry about. They’ll do anything they can get away with to avoid hiring more workers or paying current ones more.

        • mabeledo@lemmy.world
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          12 days ago

          What’s your alternative, then? Just surrender to the status quo and buy Chinese stuff that doesn’t even comply with EU regulations?

          • DupaCycki@lemmy.world
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            12 days ago

            I’m not telling anyone what to do, just sharing my personal perspective. Which is to prioritize my own wellbeing over trying to fix the EU’s systemic issues.

            Honestly, I can’t see any realistic solution to the EU’s current problems. It took over half a century to realize that the problems exist. And even though they’re finally acknowledged - nobody is really doing anything significant about them. Just some half-assed pretend solutions.

    • Don_alForno@feddit.org
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      14 days ago

      Aside from industries where Chinese companies cut costs by abusing workers

      Why should I assume that they only do it in certain industries? Is there even a single chinese factory worker working under the same conditions as a european one?

      People deserve to not be exploited by their employers, no matter if that means they can “compete” against those that still are. “Competing” in this case only means to be better at making the owning class richer. I don’t want to “compete” in a race to the bottom. I want Chinese workers to enjoy the same rights, reasonable hours, PTO, social securities and living standards as I do. Then we would have actual equal footing.