Madrid’s push to deepen its relationship with the Asian nation not only risks irking the US, but even some of its European neighbours Read more at The Business Times.

The tactic is part of a new Asia-Pacific strategy that outlines Madrid’s priorities for the next three years. The document, seen by Bloomberg News ahead of its release on Friday (Feb 20), calls for more high-level meetings and economic exchanges between Spain and China, while encouraging other European countries to coordinate on their relationship with Beijing.

“Spain seeks to advance a positive and ambitious bilateral agenda with China, reinforcing the comprehensive strategic partnership as well as the excellent bilateral relationship,” the strategy says.

  • Eternal192@anarchist.nexusEnglish
    6·
    13 days ago

    China has been closing the gap between quality and price, countries have been using China for cheap labour and cheap wares for years, now everyone is panicking because they can’t sell their expensive shit because China is offering the same thing at almost half the price without much difference in quality, i’m working in such a company in Germany and output has gone way down and they have been losing customers because China is flooding Europe with their cheaper alternatives.