Concerning China’s possible trade conflicts, the Chinese market’s attention is generally concentrated in the United States, especially on the Trump administration that might take tougher stand on China. However, the risk of trade disputes from Europe is not small. According to the British media reports, the EU anti-corruption agency OLAF said that the British Customs has been allowing a large number of Chinese textile and footwear products entering the EU market for a long time without having the values truthfully declared, and Britain might be fined up to 2 billion euros. Britain resents the fine, and as the Brexit negotiation is still on going, Britain and EU are having different opinions on 60 billion US dollar Brexit Bill. In fact, the EU pays high attention on Chinese products and investments, and in the future China needs to be wary of trade disputes from Europe and from the United States.
