((***Tiefenkultur**)) @kassiopeia_v7Jun 5
Beijing vows to #retaliate as #EU warns of #ChinaShock 2.0 asiatimes.com/2026/06/beij...

Beijing vows to retaliate as E...
Beijing vows to retaliate as EU warns of China Shock 2.0 - Asia Times

Beijing threatened to retaliate against the EU after the bloc called for a response to the surge in cheap Chinese goods flooding its markets

Asia Times
Wessel van RensburgJul 19, 2024

This is fascinating. The USA has dominated global trade more than China ever has, circa 1948 and during WWI. Neither comes close to Britain during the early industrial revolution, though.
Image from Adam Tooze's newsletter.

#trade #chinashock