STATUS: IT'S COMPLICATED
In a few months, Europe might have to grant China the status of a market economy under international trade law. This might appear just a question of definition, but it has a big impact on the EU's options for protecting its industry against dumping from China.
EUROPEAN ECONOMY: LACK OF MOVEMENT
The slowdown of the Chinese manufacturing sector and the recession in Russia and Brazil have had a dampening effect on the European economy, although all the signs point to a modest rise in GDP of 1.8 percent for the eurozone in 2016. In mechanical engineering, VDMA researchers predict price-adjusted growth in turnover of 1 percent. But the situation in Europe remains fragile.