Because the diagnosis is well known, European competitiveness still lags behind that of the US and in the current global order, facing precisely the Chinese approach, we have to react. So first, protection. Protection doesn't mean protectionism. But today's Europeans are too naive. This is the unique market open to everybody. Without checking global playing field, nobody can access the Chinese market as people are accessing the European market. for sure. But even if you take the US and a lot of other countries, the level of protection does exist for investment and trade. (11:20–11:37)
CLAIM
Asserts that Europe is too open compared to other markets like China.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
