Economy
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EconomyChina is bringing car production to the EU
China has moved beyond exporting cars, bringing entire automotive industry ecosystems to Europe, expanding production capacity and deepening partnerships with local firms. Automotive expert Philipp Seidel says tariffs and quotas can buy time, but EU carmakers must raise their competitiveness and avoid excessive dependence on Chinese suppliers. The report also looks at the IMF’s latest global growth forecast and warning about rising debt.