From T-Shirt Wars to EV Dominance: The CCP’s ‘Bottomless’ Competition Strategy Fails

From T-Shirt Wars to EV Dominance: The CCP’s ‘Bottomless’ Competition Strategy Fails

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China Observer
22 Video Views·Mar 22, 2024  #chinaobserver

In the late 1990s to the early 2000s, China's exports of clothing, furniture, household appliances, and other products flooded the European and American markets, significantly impacting Western mid-to-low-end enterprises.
Chinese exports such as T-shirts, jeans, and jackets posed a significant threat to local consumer brands in Europe, resulting in the loss of 1 million jobs in the EU textile and clothing industry over the decade preceding 2005.
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