Business

Spain’s central bank discusses the implications of China’s export trends

A specialist meeting held by the Banco de España and the Nebrija Chair focused on China’s industry, Europe’s trade relations and foreign direct investment.

Spain’s central bank and the Nebrija Chair for the Internationalisation of Companies examined developments in Chinese exports and their possible implications for Europe at a specialist meeting. The focus was on China’s greater emphasis on higher value-added industries, as Banco de España announced on 13 November 2026.

The meeting took place on 12 November. It was the central bank’s eighth meeting with the Research Network for Internationalisation and was organised jointly with the Chair. According to the central bank, the two sessions addressed the resilience European trade relations and challenges for foreign direct investment.

Javier Pérez, Deputy Director General for Economics at the Banco de España, opened the event on behalf of the institutions. Gonzalo Solana, head of the Nebrija Chair, then introduced the programme. After the presentations, the speakers discussed the topics with the other participants, including central bank economists and members of the Research Network.

The first session focused on long-term developments since China joined the World Trade Organization as well as dependencies and vulnerabilities in the European economy and the state of the European car industry. Aránzazu Narbona Moreno, David Córcoles González, Ana María López García and Milagros Dones Tacero spoke on these topics.

The second session examined developments in foreign direct investment, as well as innovation and production. Contributions were given by Andrés García, Juan de Lucio Fernández and Francisco Requena Silvente. Alongside trade, direct investment was therefore a separate focus of the meeting.

The central bank described the developments under examination as a new export and industrial phase for China. Their possible effects on Europe were discussed. The announcement lists no specific joint recommendations or decisions.

According to the Nebrija Chair, international economic relations had already been discussed at the previous meeting in the series, on 3 December 2025. Topics at the time included higher tariffs, risks to global value chains, foreign direct investment and the competitiveness of Spain and the European Union. The latest meeting had a different focus: China’s export developments and their possible implications for Europe.

Editor: Daniel Mayer (Article created with AI assistance).

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