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<p>In this episode of The Sound of Economics, Yuyun Zhan and Alicia García-Herrero sit down with Isabelle Mejean and Vincent Vicard to present their study on Chinese trade deflection, a chapter in the 2026 edition of the Paris Report, a CEPR-Bruegel initiative. They discuss the scale and speed of this redirection, what the European Union can do about it and the bigger structural problem facing European industry.</p><p><strong>Relevant research:</strong></p></div><ul><li>Emlinger, C, I Mejean, K Lefebvre and V Vicard (2026), ‘EU under pressure? Exploring Chinese trade deflection‘, in Rey, H, B Weder di Mauro and J Zettelmeyer (eds), <a href="https://cepr.org/publications/books-and-reports/paris-report-4-new-global-imbalances">Paris Report 4: The New Global Imbalances</a>, CEPR Press, Paris & London. </li></ul><div>
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. <a href="https://bruegel.secure.force.com/events/UpdateAcc?sf=1&s4=1">Sign up now</a> to receive it in your mailbox!</div>

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