Greek Prime Minister Kyriakos Mitsotakis said China now holds 30 percent of global manufacturing capacity and has the ability to destroy industries worldwide, particularly in Europe. "We cannot simply allow our industrial base to be completely destroyed just because we are always looking for the cheapest product," he said, according to his published remarks.
Greek Prime Minister Kyriakos Mitsotakis issued a stark warning about China's dominance in global manufacturing, stating that Beijing now controls 30 percent of the world's production capacity and could use that leverage to "destroy industries" globally, especially in Europe. The remarks, disseminated via his official channels, come amid growing European anxiety over Chinese overcapacity in sectors such as electric vehicles and steel. Mitsotakis urged that the EU must treat the threat seriously and not allow the pursuit of the cheapest product to hollow out the continent's industrial base.
As The Zioneer reported on June 12, Mitsotakis has also addressed Israel in back-to-back statements — emphasizing that the strategic relationship is with the State of Israel rather than any government, and dismissing Turkish President Erdogan's recent anti-Israel rhetoric as "not new." The China warning positions Mitsotakis as a leading European voice on economic sovereignty, though the remarks do not directly reference Israeli or regional trade concerns. No further details on specific tariffs or EU policy responses were provided.
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