world-economy

European Manufacturers Maintain China Ties Despite EU Pressure

European manufacturers are resisting calls to reduce reliance on Chinese production despite mounting political pressure from Brussels. Cost advantages in China continue to outweigh de-risking initiatives championed by EU policymakers. This persistence reflects broader economic tensions as Europe faces competitive headwinds from the United States and China. Debt concerns are mounting globally, with some nations reassessing borrowing strategies. New Zealand recently lowered its issuance targets, signaling growing investor anxiety over sovereign debt levels worldwide.