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France 24

Business

Yuka ROYER

China is bringing car production to EU

European Union China Automotive Industry FRANCE 24 International Monetary Fund Europe Tariffs

Cover image: BUSINESS © FRANCE 24

China has moved from exporting cars to bringing entire auto industry ecosystems, building up production capacity in Europe and boosting partnerships with local companies. Arthur D. Little's automotive expert Philipp Seidel tells France 24 that while tariffs and quotas can buy time, EU carmakers must improve their own competitiveness and not become too dependent on Chinese suppliers. But first, we look at the latest IMF global growth forecast and warning about rising debt.

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