🚨 CHINA DEEPENS AUTO INDUSTRY PUSH IN EUROPE China has moved from exporting cars to building auto industry ecosystems in Europe. It is expanding production capacity and boosting partnerships with local companies. Philipp Seidel of Arthur D. Little tells France 24 tariffs and quotas can buy time. He says EU carmakers must improve competitiveness and avoid too much dependence on Chinese suppliers. Source: France 24 #China #EU #carproduction