In 2024, China again set a record for the launch of new wind and solar power plants. Europe, which is pushing the climate agenda more aggressively than all other regions of the world, is lagging behind China has quadrupled the rate of commissioning of new green energy capacities.
The European Commission presented on Wednesday its plans to reverse industrial decline in the bloc and step up efforts to compete with the United States and China in new fields such as AI, and to lower energy costs and cut red tape.
Euro zone manufacturers are more worried about cheap imports from China than tariffs from the United States, a European Central Bank survey showed on Friday.
The EU unveiled a much-anticipated blueprint to revamp Europe's economic model on Wednesday, marking a shift towards a more business-friendly Brussels after five years of heavy focus on green goals.With US President Donald Trump promising tariffs and a gargantuan AI push,
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BMW said in a statement that EU duties on battery electric vehicles “harm business models of globally active companies.”
The European Union will resume its World Trade Organization case against China over the alleged economic coercion of Lithuania. The bloc's executive arm, the European Commission, said on Friday it had requested a resumption at the Geneva trade courts,
China became Russia's sole supplier of gallium, germanium, and stibium, chemical substances needed to produce weapons, including nuclear ones, after the introduction of EU and U.S. sanctions in 2022,
China's significant manufacturing capacity for renewable energy equipment, particularly in solar PVs and batteries, is crucial for the global energy transition. The concentration of supply chains in China poses disruption risks,
The European Commission will publish its Competitiveness Compass today in an attempt to secure the future EU economy. #RadioSchuman