777 fixer
Veteran
- Jul 21, 2004
- 4,792
- 900
Europe needs to trade with China more than China needs their currency. I lived in France for a couple months last year, and just about everything I saw at the stores that was non-perishable had a "fabrique' en Chine" tag on it. Even at the airport souvenir stands, trying to find something other than wine or cheese which was actually "fabrique en France" was a bit difficult.
More than just cheap airport souvenirs are being made in China. Airbus has a production line in China for the A320. Guess the unions in Europe are not as powerfull as some people seem to think.