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EconomicBelgium·29 Oct 2026

European industry resists EU supply chain diversification plans

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European industry resisted European Commission plans to mandate supply chain diversification away from China as the bloc prepared a new de-risking package for December. The proposed trio of instruments, including a tool titled DiversifyEU, aimed to reduce dependencies on Beijing and provide the EU with trade war capabilities. The measures considered using…

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SCMP
NewspaperCompany ownedHong KongStandards published
Euronews
BroadcasterCompany ownedFranceStandards not yet verified

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