内容摘要：Either way, economists agree that describing a trade deficit as a subsidy is wrong.

Either way, economists agree that describing a trade deficit as a subsidy is wrong.

The same forces that are driving up Chinese exports are depressing the business outlook in the Chinese market. Chinese companies, often enticed by government subsidies, have invested so much in targeted industries such asthat factory capacity far outpaces demand.

The overcapacity has resulted in fierce price wars that cut into profits and a parallel push by companiesIn Europe, that has created fears that growing imports from China could undermine its own factories and the workers they employ. The EU slapped tariffs on Chinese EVs last year, saying China had unfairly subsidized electric vehicle production.“I think there’s a clear perception that the benefits of the bilateral trade and investment relationship are not being distributed in an equitable manner,” Jens Eskelund, the president of the EU Chamber in China, told reporters earlier this week.

to boost consumer spending but said the government must also take steps to ensure that supply growth doesn’t outpace that in demand.The survey results show that the downward pressure on profits increased over the past year and that a fall in business confidence has yet to bottom out, Eskelund said. About 500 member companies responded to the survey between mid-January to mid-February.

“It is just very difficult for everyone right now in an environment of declining margins,” he said.

ABUJA, Nigeria (AP) — As news emerged this week about hundreds ofMUNICH (AP) — Paris Saint-Germain fans had to be held back by a line of police when trying to rush the field after the

What looked like thousands of supporters tried to get onto the field at Allianz Arena after PSG’s 5-0 win against Inter Milan saw it lift the trophy for the first time.Police lined up in front of the PSG end of the stadium at the final whistle but struggled to contain the fans for several minutes when they came down from the stands following the trophy presentation.

They did eventually manage to force them back into the stands, and PSG players had already headed back to the locker room, appearing to cut short celebrations in front of their supporters.Players eventually made their way back to the field with the trophy after order was restored.