Shoe Invasion

The Chinese are at it again. Offering European consumers cheaper goods, who do they think they are?

Chinese shoe manufacturers have increased their exports to the European Union by almost 700 per cent since trade restrictions were abolished in January, sparking immediate calls for Brussels to place more curbs on shipments.

The whole point in dropping the restrictions was to create free trade. What did they expect to happen? But its not fair:

A spokeswoman for Peter Mandelson, EU trade commissioner, said Brussels would look into industry complaints “as a matter of urgency”. “If products were exported at below the cost of production, we would not hesitate to take action,” she said.

If products are being exported below cost its whats known as a gift. As you all know, "Don't look a gift horse in the mouth".