China’s economy has gone from strength to strength in the wake of the global financial crisis. Its surging growth rates are attracting worldwide attention, but it’s not always positive. There are complaints that China is using dirty tricks to stay ahead.
Should the West be worried about China’s stranglehold on rare earths? The minerals are crucial components in everything from wind turbines to electronics. With 97% of the world’s supply, there are fears China will exploit that market position.
The United States and the European Union have appealed to the World Trade Organisation over claims China is deliberately restricting raw material exports in order to boost its domestic market.
The EU Commission was satisfied with French guarantees to work protectionist clauses out of its auto bailout plan on the eve of an informal EU summit in Brussels, where leaders will talk 'G-20'.
Four days before a special EU summit on the economic crisis, the European Commission has warned against any protectionism in the ailing car industry, saying that it would only hurt exports.
French WTO Director General Pascal Lamy has warned countries that adopt protectionist measures in their stimulus plans. Lamy has said these clauses might help the individual countries' economies but they hurt those of others.
In this edition: France is in the line of fire after offering its carmakers a six-billion-euro loan; students still see a bleak future in Greece; and the Netherlands show the way in the campaign against breast cancer.
There is a storm in Europe over France’s auto bailout plan. The billion euro loans may signal cutbacks for Renault and Peugeot-Citroen factories outside France. Is this protectionism? Tonight we analyze the rhetoric of politicians.
There is a storm in Europe over France’s auto bailout plan. The billion euro loans may signal cutbacks for Renault and Peugeot-Citroen factories outside France. Is this protectionism? Tonight we analyze the rhetoric of politicians.
French Prime Minister François Fillon says that France's measures to shore up its car industry do not break EU rules. The country's bailout plan is "compatible with [EU] competition rules," he told reporters in Brussels.
