{"id":453200,"date":"2026-05-12T17:23:10","date_gmt":"2026-05-12T15:23:10","guid":{"rendered":"https:\/\/www.eunews.it\/2026\/05\/12\/la-bce-dallavanzata-industriale-della-cina-pochi-vantaggi-e-tante-sfide\/"},"modified":"2026-05-12T19:19:18","modified_gmt":"2026-05-12T17:19:18","slug":"the-ecb-chinas-industrial-advancement-brings-few-benefits-and-many-challenges","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2026\/05\/12\/the-ecb-chinas-industrial-advancement-brings-few-benefits-and-many-challenges\/","title":{"rendered":"The ECB: “China\u2019s industrial advancement brings few benefits and many challenges”"},"content":{"rendered":"

Brussels \u2013 Weighing up the costs and benefits,”Made in China” is a real headache for the eurozone, which is increasingly having to contend with industrial growth that makes China an almost existential problem. Indeed, because there are also positive spin-offs from the People\u2019s Republic\u2019s rise. EU countries using the single currency find themselves having to welcome Chinese industrial imports to some extent, despite their generally unfavourable impact. The European Central Bank, through a targeted analysis<\/b>,<\/span><\/a> is attempting to take stock of a phenomenon\u2014Chinese exports\u2014that is becoming increasingly real and already a cause for concern<\/b><\/a>.<\/p>\n

Essentially, as the ECB\u2019s economists point out, China\u2019s industrial expansion \u201cis a key external factor that influences trade, production, and prices in the euro area<\/strong>.\u201d The Chinese manufacturing sector is certainly seeing lower selling prices, \u201cincreasing competitive pressures on euro area producers.\u201d It is no coincidence, the Eurotower further notes, that \u201ceuro area producers are losing market share where they face competition from China<\/strong>, particularly since 2020.\u201d<\/p>\n

https:\/\/www.eunews.it\/en\/2024\/10\/28\/ecb-china-influence-eurozone-increases\/ <\/p>\n

Furthermore, while in the early 2000s, eurozone countries mainly imported traditional products such as textiles and home furnishings from the People\u2019s Republic, \u201crecently\u201d European demand has shown \u201cstronger growth in advanced manufacturing sectors such as electronics and the automotive industry,\u201d underscoring a loss of competitiveness in more innovative products.<\/p>\n

“Made in China”: between deflationary pressures and challenges for the domestic market<\/h4>\n

\n

Not all Chinese imports are the same. When imports mainly concern intermediate goods, the ECB study emphasises that they help reduce costs and support domestic production.<\/span><\/span> When, however, they mainly concern final goods, European consumers can “easily” shift their consumption towards Chinese imports, which are relatively cheaper, and as a result, “EU producers face greater competition and a fall in demand for their products, which slows down EU sectoral production.” <\/span><\/span><\/span><\/p>\n

<\/p>\n

However, the availability of cheaper imported goods allows households to spend more, thereby increasing aggregate demand and benefiting the EU\u2019s GDP<\/strong>. Not only that: cheaper Chinese goods “exert a disinflationary pressure<\/strong> in the EU through various channels depending on the sector.” So the eurozone also benefits from Chinese imports, but the European Central Bank\u2019s analysis urges caution.<\/span><\/span><\/span> <\/p>\n

<\/p>\n

Although the Asian giant\u2019s recent industrial growth may have a positive overall impact on the EU economy in the short term, it has coincided with weak import demand in China and a loss of market share for EU exporters.<\/span><\/span> Furthermore, “the positive effects on EU GDP reflect short-term channels, but do not take into account long-term risks<\/strong>, such as the potential negative effects arising from the relocation of production, or the structural risks and strategic vulnerabilities” that the EU already faces, as in the case of its ports controlled by Beijing<\/strong>, with all the <\/span><\/span><\/span>consequences that this entails for security<\/b>.<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The European Central Bank is attempting to assess the impact of the People\u2019s Republic\u2019s growth on the eurozone: \u201cEuropean manufacturers are losing market share\u201d<\/p>\n","protected":false},"author":494,"featured_media":453150,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705],"tags":[26112,25916,26279,26151,25828,26280],"class_list":["post-453200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bce-en","tag-cina-en","tag-trade-en","tag-bank-central-en-en","tag-eurozone-en","tag-export-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/453200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=453200"}],"version-history":[{"count":1,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/453200\/revisions"}],"predecessor-version":[{"id":453201,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/453200\/revisions\/453201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/453150"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=453200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=453200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=453200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}