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