The Guardian view on Volkswagen’s crisis: another wake-up call for Germany and the EU | Editorial

Robust action is needed to protect European industries from unfair competition. The alternative is social strife amid growing insecurity According to a recent analysis , China enjoys a surplus in its manufactured goods trade with the European Union that is roughly equivalent to Italy’s national income. That trade disparity, it is estimated, continues to grow by about 30% each year. The stark implication, according to a paper from Centre for European Reform, is that Europe, with Germany in the frontline, risks “deindustrialisation at China’s hand”. The gravity of the threat was grimly evident i

This story was reported by Europe | The Guardian. EUROPES curates Europe's most relevant coverage — read the full report at the original source.