Exploring Chinese trade deflection

In this episode of The Sound of Economics, Yuyun Zhan and Alicia García-Herrero sit down with Isabelle Mejean and Vincent Vicard to present their study on Chinese trade deflection, a chapter in the 2026 edition of the Paris Report, a CEPR-Bruegel initiative. They discuss the scale and speed of this redirection, what the European Union can do about it and the bigger structural problem facing European industry.
Relevant research:

• Emlinger, C, I Mejean, K Lefebvre and V Vicard (2026), ‘EU under pressure? Exploring Chinese trade deflection‘, in Rey, H, B Weder di Mauro and J Zettelmeyer (eds), Paris Report 4: The New Global Imbalances (cepr.org/chapters/eu-under-pressure-exploring-…), CEPR Press, Paris & London.

This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now (bruegel.secure.force.com/events/UpdateAcc?sf=1…) to receive it in your mailbox!