China Exports Strain Emerging Europe Amid US Tariffs, EBRD Says

Countries in emerging Europe and Turkey are facing intensified competition from Chinese exports, as US tariffs push the world’s second-largest economy to sell more goods to other regions, according to the European Bank for Reconstruction and Development.

The EBRD said that China is “increasingly competing” with countries including the Czech Republic, Hungary, Turkey and Poland, whose economies have higher shares of manufacturing exports.

“There is a double pressure point for these countries,” Beata Javorcik, chief economist at the development bank, said in an interview. “US tariffs are one pressure point,” and competition from Chinese exports ...