Victoria Craig
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China is investing billions of dollars to ramp up auto manufacturing for the European market and bring it closer to the continent.
That is setting off alarm bells in Brussels.
Peter Foster, the FT's global trade editor, joins me now to chat about this trend.
So Morocco has really become a sort of epicenter of this concern.
Just walk us through what exactly is happening there.
And we'll talk more about Brussels' concerns about all of this.
But first, you were recently in Morocco, seeing some of these companies set up shop there.
How much investment are we talking about here?
As you said, Peter, the EU is watching all of this with growing angst.
So what exactly can the bloc do about it?
So does this sort of simmering tension risk longer-term permanent damage with the EU?
Peter Foster, the FT's Global Trade Editor.
Thanks for walking us through this.
Before we go, Colombians went to the polls yesterday to decide who will replace President Gustavo Petro.
The election, which could go to a runoff, is a critical one as Colombia is facing worsening security and economic issues.
You can follow the election results live on FT.com and read more on all of the stories in today's podcast for free when you click the links in our show notes.
This has been your daily FT News briefing.
Check back tomorrow for the latest business news.