EU prepares new tool to cut strategic dependence on China
The European Commission is due to present a new instrument in early December aimed at pushing companies to diversify suppliers and reduce strategic dependencies on a single country. The proposal is expected to be unveiled a week before a meeting of European Union leaders. While China is not named in the draft description, the measure is clearly intended to address vulnerabilities linked to Beijing.The plan follows a year in which supply-chain pressure exposed how dependent some European industries remain on Chinese inputs. According to the supporting material, Beijing blocked exports of rare earths in 2025 during a trade dispute with... [Continue Reading]
360LiveNews | 29 Oct 2026 07:02 LONDON
Advert for a company owned by the publisher of 360LiveNews.
