Key facts
- The European Commission is preparing new measures to support the EU's chemicals industry.
- The EU chemicals sector is facing challenges from a surge of inexpensive imports from China.
- The EPP leader has warned that China's overproduction threatens European industries.
- France is advocating for a tougher stance against Beijing.
The European Commission is preparing new measures to support the EU's chemicals industry, which is currently facing significant challenges due to a surge in inexpensive imports from China. This move comes amid warnings from political leaders, such as the head of the European People's Party (EPP), who have cautioned that China's industrial overproduction could cripple European industries if not addressed. France has been particularly vocal, advocating for a more stringent approach towards Beijing to protect domestic sectors. The underlying concern is that China's excessive manufacturing capacity is placing a considerable strain on the European economy.