internationalization: a win-win situation for europe

2024-09-19

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internationalization does not only mean expanding the scale and scope of business, but more importantly, it can help companies better understand the international market environment and consumer demand, thereby optimizing product and service quality, and enhancing brand influence and competitiveness. the european automotive manufacturing industry is an important part of the hungarian economy and is also facing the pressure of competing with china's electric vehicle market. although the eu's decision to impose tariffs on chinese electric vehicles has caused controversy, many experts believe that internationalization is the key to achieving global development and a win-win situation.

many scholars believe that a trade war will damage the economy and trust between the two sides. in an interview with xinhua news agency, eric solheim, former un under-secretary-general and former executive director of the united nations environment programme, said, "china has achieved the rapid transition to green transportation that all eu leaders have called for in the past decade." europe should "roll out the red carpet" for chinese automakers leading the electric vehicle market, invite these companies to invest in europe, and bring a "win-win green competition" to the european market.

in recent years, the electric vehicle market in europe and the united states has been highly competitive, and a situation of confrontation between "made in china" and the european union has emerged. many scholars believe that internationalization is the key to achieving global development and win-win results. the european automobile manufacturing industry is an important part of the hungarian economy and is also facing the pressure of competing with china's electric vehicle market.

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