So according to SputnikNews the EU is now negotiating with China on free trade. Chinese premier Li Keqiang is already rubbing his hands, dreaming about mountains of billions of dollars in exports to the EU!
“Free trade is not a rejection of fair trade,” Li stated, adding that “without free trade, there is no fair trade; while without fair trade, free trade will not gain sustainable development.”
While this may mean lower prices for consumers, because of no taxes and tariffs on Chinese goods, this is BAD for Europe, like really bad, perhaps one the worst things the EU has done in its late recent years.
This means the total and complete destruction of European manufacturing and industries. We can’t compete with China! China produces low quality garbage at cheap prices, pays their workers with $10 a day or something! How are we supposed to survive without any more industry???
Money don’t just come out of the clouds. It doesn’t rain with money, you gotta produce something and sell it, this is how you produce money! Accounting and other economic BS jobs is just counting money others produce, but its not producing money! Besides what free trade?
China won’t import anything from the European Union. Why would they when they produce virtually anything and everything at lower prices?!
Sure our products are of higher quality but the Chinese don’t care, if they cared, they would have made high quality stuff themselves!
Free trade with China will industrialize us further, ruin our industry and economy and fill our precious environment with cheap Chinese stuff which we use for a while then GARBAGE, GARBAGE, GARBAGE, GARBAGE, GARBAGE, GARBAGE! Endless mountains of GARBAGE, all thanks to China!
Free trade with China? If anything we should end all trade with China and encourage our own industry from revitalizing itself.
Name me one phone brand still made in Europe or America! Iphone? Made in China! Nokia? Made in China! Even our freaking underwear are now made in China! We understand they have a lot of mouths to feed and in some way we are helping them by buying from them but this is ridiculous, we can’t destroy ourselves just to feed the Chinese, who put them to make 1.5 billion babies?
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This IS bad. The EU will go bankrupt with free-trade with China and the citizens in Europe will be left holding the bill. Learn from others’ experience.