TradeNotableEmergingDeveloping
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Chinese automakers eye Austrian production sites; Vienna open under conditions
Die PresseLO·CN · AT·2 days ago
Eurometal, a leading EU trade body, warns that Chinese component manufacturers are 'colonising' EU supply chains, predicting 300,000 manufacturing job losses in the rest of 2026. The warning comes as China's trade surplus with the bloc hits a record €1bn per day. The claim is an industry projection, not yet corroborated by official data, but signals escalating trade tensions and potential policy pressure on Brussels.
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