European industry

European carmakers are collaborating with Chinese competitors to maintain factory operations as the European auto industry faces challenges in sustaining production. The article highlights the industry's struggle to keep plants operational amid rising pressures.

Nine European allies and Ukraine have formed a new anti-ballistic coalition. The coalition's flagship project is Ukraine's Freyja, with a separate exo-atmospheric interceptor project announced by a European industry group.

NATO allies pledged to increase defense spending to 5% of GDP annually, with European nations and Canada adding over $1.2 trillion in defense investment since 2017. The article highlights efforts to shift defense responsibility to Europe while maintaining U.S. support, including investments in American-made equipment and industrial collaboration to counter modern threats.

EU leaders agreed to strengthen trade defenses against a surge of Chinese exports, citing threats to European industry and a 360 billion euro trade deficit. The decision maintains a commitment to 'constructive dialogue' with Beijing despite concerns over EU dependence on China.

A trade specialist compared Chinese industry to a shark taking large bites out of European industry. The metaphor highlights concerns about the impact of Chinese industrial practices on European businesses.

Over three decades, China's initial economic promise to European industries has shifted into a challenging environment for European businesses. A knitting factory in Qingdao, China, is highlighted as an example of this evolving dynamic.

Netflix and other groups criticize a German government proposal to increase investment in European industries, labeling it protectionist. The plan aims to boost local industry but faces opposition from global companies.