My colleagues looked at the EU dependency on China. There is a lot of it.
https://www.ecb.europa.eu/press/research-publications/resbull/2025/html/ecb.rb250224~47c8a7489c.en.html
https://www.ecb.europa.eu/press/research-publications/resbull/2025/html/ecb.rb250224~47c8a7489c.en.html
Comments
Were one to paraphrase the late Queen Elisabeth, regarding how the crisis of 2007-8 came about, one might ask:
"How did we not see this coming?"