China and the Deindustrialization of the European Union

‘Debate over granting of MES to China goes beyond trade policy and is mostly about Europe’s lack of competitiveness
In a nonbinding resolution passed by 546 votes to 28, with 77 abstentions, the European Parliament on May 12 called on the European Commission not to grant market economy status in the World Trade Organization context to China until a level playing field could be established for EU industry and jobs.
The overwhelming majority of the lawmakers reflect the fears at the grassroots level caused by the fast deindustrialization of the EU and unbearable unemployment in certain areas caused by the closure of major plants, in which successive generations of workers used to be employed.’
Read more: China and the Deindustrialization of the European Union