The European Union's industry chief has expressed concerns regarding the level of effort being made by businesses to reduce their dependence on China. He emphasized that despite ongoing discussions about diversifying supply chains, many companies have yet to implement significant changes. The remarks highlight the urgency for industries within the EU to adopt strategies that mitigate risks associated with over-reliance on Chinese manufacturing and resources. This statement comes amid broader discussions on economic resilience and strategic autonomy within the EU.
Related Articles
Don't miss out on breaking stories and in-depth articles.