Europe's corporate sector has become a net lender to the rest of the economy, and that low rate of productive investment is what left its industry exposed.

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• By PPP there are three economic superpowers—the United States, China, and the EU—with China clearly largest and the US and EU roughly co-equal. PKPaul Krugman19 Sept 2026EuropeChina
• China lets companies innovate first and regulates afterwards, which is the opposite of Europe and is deliberately meant not to slow innovation down. KJKeyu Jin13 Aug 2025EuropeChina
• China now starts about a quarter of the world's new clinical trials, more than Europe does. ATAlex Telford20 Dec 2024EuropeChina
• Europe is an economic superpower, and at present it is the only democratic one. PKPaul Krugman10 May 2026EuropeChina
• Europe's car industry is being overrun because of what has gone wrong inside Europe, not only because of what China did. ATAdam Tooze22 Jul 2026EuropeChina

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