The EUISS is an agency of the European Union
"That is the dilemma," said Tim Rühlig to ZDFheute discussing the possibility of the EU imposing new trade measures against China to protect European industries. "If we do nothing, we will pay a heavy price and lose industrial jobs." On the other hand, "if we fight back, China will definitely retaliate massively," he noted.
China's state-subsidised overcapacity has long created serious challenges for European industry, but the current situation is being compounded by weak consumption at home. "What is new is that domestic demand in China is very low," Tim explained. "And that means they can sell less in China, so they are exporting even more to the European market." (in German)