Reposted by Sander TordoirBernd Lange MdEP @bernd-lange.bsky.social · 1h1/3 🇨🇳🇪🇺 The results of the talks with China as part of the Trade and Investment Consultations show progress: A start that can give us all hope – above all, hope for more. At the same time, proof that dialogue is exactly the right approach.👇 shorturl.at/uHakd 144
Sander Tordoir @sandertordoir.bsky.social · 05/10/2026In a world where China is growing off the back of net exports, this is a powerful deterrent. So France and Germany are right to buttress the flurry of forthcoming trade measures with a second strike option in case China retaliates outside the rules. 3386
Reposted by Sander TordoirThorsten Benner @tbenner.bsky.social · 05/10/2026🇫🇷🇩🇪present united front on how to empower 🇪🇺to better deal with Chinese trade practices threatening Europe's industrial base. 1175
Sander Tordoir @sandertordoir.bsky.social · 29/09/2026The piece is auf Deutsch, and builds on my remarks for Germanys state visit to the Netherlands. So it focuses on what Germany and the Netherlands, as two of the most integrated economies in the world (boasting terrifying fiscal firepower between the two of em) can do to build economic sovereignty. 0132
Sander Tordoir @sandertordoir.bsky.social · 29/09/2026Three geo-economic philosophies are emerging. The US is a coercive superpower. China is aiming for autarky, with one-sided integration only. In a new piece, I make the case for Europe’s emerging response: networked economic sovereignty. 1/ www.dnhk.org/de/news/2026...dnhk.orgVernetzte Souveränität: Europas Antwort auf China und die USA | DNHK 3152
Sander Tordoir @sandertordoir.bsky.social · 29/09/2026China isn’t going to easily agree to curb its export glut. Franco-German backing for an ambitious response gives Commissioner Sefcovic some much needed leverage in his negotiations with China, ahead of the October deadline. 1/ 1245
Sander Tordoir @sandertordoir.bsky.social · 29/09/2026France and Germany are not sitting idly in the face of China shock 2.0. There’s space for rules-compliant measures: a flurry of CVDs, including on hybrids and safeguards. But Paris and Berlin are, rightly, thinking of deterrence in case Beijing retaliates outside of the rules. 1184
Sander Tordoir @sandertordoir.bsky.social · 26/09/2026Great Pignal column on the populists strange love affair with China. Centrist parties CDU/CSU, Greens SPD are mounting the defence of Germanys industry and workers from the China shock. The far-right AfD, meanwhile, barely utters a word of Beijing criticism. www.economist.com/europe/2026/...economist.comWhy Europe’s populists don’t criticise ChinaAn ideal target gets a free pass from the demagogues 1253
Sander Tordoir @sandertordoir.bsky.social · 19/09/2026Europe is putting safeguards on grain-oriented electrical steel. It comes with trade offs, especially higher costs short run. But a sensible move to secure a European supply chain of all kinds of kit for electrification. policy.trade.ec.europa.eu/news/commiss...policy.trade.ec.europa.euCommission imposes provisional safeguard measures on imports of grain-oriented electrical steelToday, the European Commission imposed provisional safeguard measures on imports of grain-oriented electrical steel products, in the form of tariff-rate quotas coupled with price thresholds. 0204
Reposted by Sander TordoirCentre for European Reform @centreeuropeanref.bsky.social · 16/09/2026@sandertordoir.bsky.social, chief economist at the @centreeuropeanref.bsky.social, who noted that many EU countries might seek to “roll out some fiscal cushions” for citizens and firms if energy prices remain elevated this winter. buff.ly/7lYXXS2euractiv.comBond market fears thwart EU energy crisis plan | EuractivSurge in borrowing costs means Italy and Greece are the only EU countries that have applied for the fiscal exemption 163
Sander Tordoir @sandertordoir.bsky.social · 18/09/2026Some reflections in today's New York Times on the lurking risk to the EU economy from low gas storages. EU governments are betting on a Hormuzian chance to purchase gas at lower prices, and if not, to outbid others. A risky bet. It'll probably be fine. Probably. 13010
Reposted by Sander TordoirJames Green @james-r-green.bsky.social · 15/09/2026Europe has taken steps in each area, but greater ambition is needed. It must complete the circle – from founding, to scaling, to listing and back to funding the companies that come next. Read the full policy brief here: buff.ly/xf5WcB6 8/8buff.lyHow to revive Europe's stock market listingsEurope should strengthen its public equity markets to finance innovation 0101
Reposted by Sander TordoirClaudia-Dominique Geiser @cdgeiser.bsky.social · 15/09/2026We talk a lot about Europe’s scale-up problem and its financing gap, but less about what comes next – the exit for founders and investors. Our new policy brief looks at Europe’s IPO market and why it matters for financing innovation. 🧵 bst-europe.eu/economy-secu... 1/bst-europe.euHow to Revive Europe’s Stock Market ListingsEurope’s ability to scale innovation depends on its access to risk capital. Closing Europe’s innovation gap with the US and China will be vital to Europe’s competitiveness. Innovative companies in Eur... 1197
Sander Tordoir @sandertordoir.bsky.social · 15/09/2026SpaceX, SK Hynix, Anthropic/OpenAI - the US boasts a slew of blockbuster listings. Can Europe make more of its own IPOs? An important new paper from CER and Co dives right in, with some surprising findings (it’s the „quality of IPOs not quantity stupid“ being one). Recommended read. 0164
Sander Tordoir @sandertordoir.bsky.social · 11/08/2026That's right. German politics should dial down how seriously they take the CEO's lobbying, who have a deplorable track record of short-termism and geopolitical naivite - and make policy based on evidence and what is good for the country. 35416
Sander Tordoir @sandertordoir.bsky.social · 11/08/2026Good rebuttal to Rey, Gourinchas and Gopinath in the Economist. Like many of us in Europe, Indian economists Nageswaran and Srinivas argue the undervalued yuan is not merely a reflection of domestic policy choices. Nor that China should get to adjust in its own good time. 1/ 1163
Sander Tordoir @sandertordoir.bsky.social · 11/08/2026Here is a basic smell test. If the Netherlands and Denmark - Germany’s neighbours - can keep pace with US growth, are EU regulations really to blame for Germany’s stagnation? The red tape Berlin needs to cut, and the deregulation it needs to pursue, are primarily at home—not in Brussels. 1/ 718281
Sander Tordoir @sandertordoir.bsky.social · 11/08/2026Word is spreading that pockets of the European economy are blossoming. Croatia, Netherlands, Poland, Spain, Greece are also growing at a brisk pace. Those countries are in the EU single market - casting doubt on a German narrative that EU regulation is to blame for its woes. 822976
Reposted by Sander TordoirCSIS Europe, Russia, and Eurasia Program @erep.csis.org · 04/08/2026China's export surge is quietly hollowing out Germany's auto and machinery sectors — is Europe prepared to fight back? @maxbergmann.bsky.social sat down with @sandertordoir.bsky.social to discuss what "China Shock 2.0" really means in Europe and what's next. 🎧 www.csis.org/podcasts/eur...csis.orgGermany's China Problem: What Can Europe Do About It? | The Eurofile | CSIS PodcastsMax sits down with Sander Tordoir, Chief Economist at the Centre for European Reform. They dig into whether Brussels has the tools and political will to push back on Beijing, and how one October deadl... 1104
Sander Tordoir @sandertordoir.bsky.social · 24/07/2026Good conversation with Paul Ronzheimer on Germany and China shock 2.0. Germany escaped the original China shock. This one goes straight to the heart of its manufacturing core. No surprise it's attracting international attention. Good to see Germany finally having this debate. 34111
Sander Tordoir @sandertordoir.bsky.social · 24/07/2026China flutet die Weltmärkte mit Autos, Maschinen, Chemieprodukten. Deutschland verliert monatlich 10.000 Industriearbeitsplätze. Deutschland im Epizentrum von China-Schock 2.0. Was kann die Bundesregierung tun? Darüber spreche ich mit @ronzheimer.bsky.social ronzheimer.podigee.io/779-die-gros...ronzheimer.podigee.ioDie größte Gefahr für unseren Wohlstand. Mit Sander TordoirÖkonom Sander Tordoir warnt vor einem „China-Schock 2.0“: Chinas massive Subventionen, Überkapazitäten und Exportoffensive setzen zentrale deutsche Branchen wie Autoindustrie, Maschinenbau und Chemie ... 1214
Reposted by Sander TordoirCentre for European Reform @centreeuropeanref.bsky.social · 20/07/2026According to a recent analysis, China enjoys a surplus in its manufactured goods trade with the European Union that is roughly equivalent to Italy’s national income. That trade disparity, it is estimated, continues to grow by about 30% each year. buff.ly/T6RzVsEtheguardian.comThe Guardian view on Volkswagen’s crisis: another wake-up call for Germany and the EU | EditorialEditorial: Robust action is needed to protect European industries from unfair competition. The alternative is social strife amid growing insecurity 283
Reposted by Sander TordoirJoris Teer @joristeer.bsky.social · 13/07/20261/7 Great to see our "EU Semiconductor Geopolitical Risk Survey: Outlook for 2026-2031" covered by @reuters.com, @politico.eu, Rare Earth Exchanges! To make good industrial/trade policies, policymakers must graple with how industry perceives the geopolitical/internal threat landscape... 1133
Reposted by Sander TordoirKathy Love @kathylove.bsky.social · 08/07/2026‘The ability to make independent decisions does not guarantee countries such control. In other words, independence does not guarantee sovereignty.’ Very well worth reading the whole speech: www.bis.org/review/r1902...bis.orgMario Draghi: Sovereignty in a globalised worldSpeech by Mr Mario Draghi, President of the European Central Bank, on the award of Laurea honoris causa in law from Università degli Studi di Bologna, Bologna, 22 February 2019. 2205
Sander Tordoir @sandertordoir.bsky.social · 08/07/2026"Europe’s Car Industry Faces Dramatic Crisis, German Lobby Says" But said lobby failed to equip the German EV subsidy with a buy-EU clause - which'd be reciprocal to China. The EU's EV duties also failed to cover hybrids - the results of which are glaring in the chart 1/ 1284
Reposted by Sander TordoirPG Kroeger @pgkroegerbb.bsky.social · 08/07/2026Lessen uit 10 jaar Brexit in #BetrouwbareBronnen. omny.fm/shows/betrou... 192
Sander Tordoir @sandertordoir.bsky.social · 08/07/2026We Dutchies understood the case for being in the eurozone - being at the monpol decision making table in Frankfurt (with a series of very influential Dutch central bank governors no less!) beat moving interest rates 15 minutes after the BuBa. 0378
Sander Tordoir @sandertordoir.bsky.social · 08/07/2026Anyway what do I know. The global Britain business, stooled on a very special bond with America, is going really swell for the UK. And the UK economy is clearly booming outside the EU. 1202
Sander Tordoir @sandertordoir.bsky.social · 08/07/2026Fascinating. The argument for pooling markets/ economic power is regaining effective sovereignty, at the expense of nominal sovereignty The UK never got the distinction. The Baltics understood it like nobody else, making massive sacrifices to be in the EU/Euro www.koreatimes.co.kr/economy/poli...koreatimes.co.kr70% of Koreans back pursuing EU-style economic community with Japan: survey - The Korea TimesNearly 70 percent of Koreans support pursuing an EU-style economic community with Japan, while 60 percent of Japanese respondents agreed, according... 714750
Sander Tordoir @sandertordoir.bsky.social · 06/07/2026Overigens is er ook een interessante vraag of je het argument “Duitsland moet fors investeren” van Tooze en co (ben ik het met eens uiteraard) kunt scheiden van de China shock. De winsten en waarderingen - en daarmee investeringsruimte - van Europese bedrijven die kampen met China dalen snel. 1/ 241
Sander Tordoir @sandertordoir.bsky.social · 06/07/2026NRC gaat er ook nog op in. Het is de moeite waard het paper echt goed te lezen. Dan dringt zich ook de vraag op waarom de export van de VS, Zuid-Korea en Zwitserland in 2022–2024 zoveel beter draaide dan die van Duitsland. Let op de specifieke jaren. 120
Sander Tordoir @sandertordoir.bsky.social · 05/07/2026Germans new EV subsidy is succeeding to rekindle the market whilst helping to support ....China's, not Germany's own, EV production. Germany failed to equip its new EV subsidy scheme with buy-EU/buy-ally clause a few months ago - a stunning own goal. Oops 1/ 116114
Sander Tordoir @sandertordoir.bsky.social · 05/07/2026Some reflections and thoughts (a bit technical at times) on the Kiel Institute's important and helpful contribution to the debate on Germany and China shock 2.0. If anything, I think it's not as far apart from Brad Setser and my work as some journalists have made it out to be. 0131
Sander Tordoir @sandertordoir.bsky.social · 05/07/2026Good papers sharpen debates. I think the Kiel paper does exactly that. It raises important questions about Germany's competitiveness—but I also think some of the reporting has stretched its conclusions further than the authors themselves. My reading below. 062
Sander Tordoir @sandertordoir.bsky.social · 05/07/2026One other point folks are missing by focusing solely on 2022-2024. Some of Setser and my argument and France's Haut-commissariat à la Stratégie et au Plan is forward-looking: The trend line on Chinas export glut looks ominous - and the macro drivers behind them remain strong. 020
Sander Tordoir @sandertordoir.bsky.social · 05/07/2026Reactions to Kiels paper on China Shock 2.0. It's a thoughtful contribution that rightly argues EU trade defence doesn't solve competition in third markets. But contrary to some commentary, I don't think it shows German concerns about Chinese competition are wholly overblown. In-depth thread. 1/ 33316
Sander Tordoir @sandertordoir.bsky.social · 05/07/2026Excellent reporting by the WSJ A powerful piece of qualitative evidence chiming with hard data: „Over three-quarters of German mechanical engineering companies see competition from China as the biggest strategic challenge worldwide.“ Difficult to argue it isn’t a big deal for Germany. 1/ 3142
Reposted by Sander TordoirNils Redeker @nilsredeker.bsky.social · 02/07/2026Was bei den Diskussionen hier zum Reformpaket nicht untergehen sollte: Die Bundesregierung stellt sich in der EU-Industriepolitik gerade grundsätzlich neu auf. Neuer Handelsschutz gegen China; EU Präferenz in strategischen Sektoren und Joint Venture Regeln für chinesische Investitionen 1/2 2167
Sander Tordoir @sandertordoir.bsky.social · 27/06/2026The Suddeutsche with the long-read on the China shock 2.0 and Germany. A great read, with nice literary language, and rather beautiful formatting. www.sueddeutsche.de/projekte/art...sueddeutsche.deDer China-Schock: 10 000 Arbeitsplätze verliert Deutschland jeden Monat.Und die Politik? Schaut zu. Zu Besuch in deutschen und chinesischen Fabriken. Und bei denen, die sagen: Jetzt geht es um alles. 2163
Reposted by Sander TordoirThorsten Benner @tbenner.bsky.social · 27/06/2026"Der China-Schock ist real. Und er trifft die deutsche Industrie mit voller Wucht". Klartext von Martin Herrrenknecht, @sandertordoir.bsky.social Brad Setser @jankaoertel.bsky.social & Suki, Johannes Volkmann, Anton Hofreiter, Friedolin Strack. 23 Minuten, die sich sehr lohnen. 11410
Sander Tordoir @sandertordoir.bsky.social · 27/06/2026Germany failed to equip its new EV subsidy scheme with buy-EU/buy-ally clauses. As VW announces a 100.00 layoffs, I doubt Berlin would make the same mistake today — just 4 months later. So it seems like a good moment to re-up Lucas, Nils and my blueprint for a harmonised EU EV industrial policy. 16020
Sander Tordoir @sandertordoir.bsky.social · 27/06/2026Mooi en diepgaand gesprek met AJ en Rob - zoals altijd met wat humor ook. 080
Sander Tordoir @sandertordoir.bsky.social · 27/06/2026Europeans should pay attention to the legal constraints President Trump now faces on throwing tariff threats around. The IEEPA tariffs have legally collapsed, and the US has launched a bunch of poorly argued 301 cases. It'll be hard for Trump to even implement the 15% Turnberry tariff. 04910
Reposted by Sander TordoirHugo Reitsma @hugoreitsma.bsky.social · 25/06/2026Een handelsoorlog dreigt tussen Europa en China. @ajboekestijn.bsky.social en @robdewijk.bsky.social praten erover met @sandertordoir.bsky.social, hoofdeconoom bij de denktank Centre for European Reform. Vragen stellen kan hier! www.bnr.nl/podcast/boek...bnr.nlBoekestijn en De WijkArend Jan Boekestijn en Rob de Wijk gaan onder leiding van Hugo Reitsma op zoek naar de nieuwe wereldorde. Lid worden of je lidmaatschap beheren kan hier. 193
Reposted by Sander TordoirCentre for European Reform @centreeuropeanref.bsky.social · 23/06/2026Der zweite China-Schock trifft Europa hart. Während Chinas Exportmaschine ungebremst läuft und ganze Industriezweige unter Druck geraten, streitet die EU noch über neue Instrumente. Ökonom @sandertordoir.bsky.social erklärt, warum die Zeit drängt. table.media/china/interv...table.media 021
Reposted by Sander TordoirCentre for European Reform @centreeuropeanref.bsky.social · 24/06/2026Eine neue Studie der Ökonomen @sandertordoir.bsky.social und Brad Setser prognostiziert Deutschland sogar einen „China-Schock 2.0“, weil man immer noch glaube, nach einigen Strukturreformen wieder mithalten zu können. buff.ly/kb3zSu3faz.netMercedes Spannagels Roman „Crashtest Dummies“Wilde Lust an der Demütigung: In Mercedes Spannagels bösem Arbeitsplatzdrama „Crashtest Dummies“ krachen männliche und weibliche Autoerotik aufeinander. 152
Reposted by Sander TordoirCentre for European Reform @centreeuropeanref.bsky.social · 22/06/2026@sandertordoir.bsky.social, chief economist of the @centreeuropeanref.bsky.social, a pro-EU think-tank, said “You don’t want to get married to someone who you don’t know is committed to the relationship.” www.ft.com/content/ac01...buff.ly 031
Reposted by Sander TordoirGarvan Walshe @garvanwalshe.org · 23/06/20261/ It’s 10 years since the British voted to leave the EU. The big reason we remainers lost is that we didn’t convince people that being in the EU was actually a good idea. 73312
Sander Tordoir @sandertordoir.bsky.social · 19/06/2026Spanish PM Sanchez has clearly decided Europe needs to accomodate Chinese power. Goldman's modelling, does, however suggests Spain's economy is also being slowed down by China shock 2.0. Overall strong Spanish growth obscuring that pain, and clouding the PMs judgement. 3245