Why Brussels hopes cracking down on China will also save EU industry

Also in this newsletter: Is EU drug policy fair to poorer states?

EU to crack down on Asian online retailers Temu and Shein

Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checks
Financial Times - 8h
Western businesses in China hold on to hopes for Trump 2.0

Some believe the incoming US president is in a strong position to negotiate a trade deal with Beijing
Financial Times - 18h
Why Europe's Vaunted Car Industry Is in Crisis

Europe’s carmakers used to rule the world but now they are fighting battles at home and abroad.
The Wall Street Journal - 1d
U.S. announces new export controls on China's chip industry

The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.
NBC News - 1d
Why are people pouring milk down the drain over a cow feed additive?

The new additive aims to cut down on methane emissions from cows, but some have raised safety concerns.
BBC News - 7h
General Motors takes more than $5bn charge against China businesses

Move lays bare declining future in what was once the US carmaker’s largest market
Financial Times - 2h
GM sounds a warning on troubled China market, becoming latest carmaker to do so

GM’s 50-50 joint venture with SAIC Motor Corp. faces ‘market challenges and competitive conditions.’
MarketWatch - 4h

EU to crack down on Asian online retailers Temu and Shein