Nomura analysts expect a rightward political shift in Europe as the EU moves to curb Chinese imports in response to voter anger over the continent's deindustrialization.
Nomura analysts are cited regarding expectations of a rightward shift in European elections.
Nomura analysts forecast a significant rightward shift in European elections over the next 18 months as voters express frustration over deindustrialization. The EU is responding to this political pressure by preparing new import restrictions on Chinese goods, including chemicals and machinery, to protect its domestic industrial base.
The EU is implementing these measures to mitigate the electoral impact of deindustrialization and address voter anger regarding the decline of the European industrial base.