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ru24.net
News in English
Апрель
2024

New US and European actions on TikTok and Chinese subsidies are rewriting the Western policy playbook

Within hours of each other, the European Union and the Biden administration acted in April to take dramatic and unprecedented actions against Chinese economic interests. Though the actions appear to have been uncoordinated, they had a common purpose in opposing Chinese economic practices deemed a threat to national and economic security. Another less noticed commonality was that their actions are potentially reshaping their long-accepted norms in dealing with international trade and investment.
The opening shot in the latest round of Western tensions over China played out on April 23, when EU…



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