Will China Shock 2.0 lead To Job Losses In Europe? | G7 Summit | Firstpost Live | 4K

G7 Summit: China Shock 2.0 has emerged as a major topic at the G7 Summit as European leaders assess the impact of rising Chinese exports on domestic industries. Unlike the original China Shock that affected US manufacturing after China's WTO entry, today's concerns focus on strategic sectors such as electric vehicles, batteries, solar panels, industrial machinery and clean energy equipment. European policymakers argue that Chinese overcapacity, combined with restricted access to the US market, is redirecting exports toward Europe. Officials fear growing pressure on local manufacturers, potential factory slowdowns and increased dependence on Chinese supply chains. As a result, governments are discussing tariffs, anti-dumping measures and industrial support policies to protect competitiveness and jobs across Europe. Joshua Barnes tells you more.

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