Tuesday, 10 November 2026

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Business

EU manufacturers could give up on competing with China by 2030, warns commerce chief

Jens Eskelund says Europe may need to allow its companies to become part of Chinese firms’ supply chainsEurope’s manufacturers could give up on attempting to compete with their Chinese counterparts by the end of the decade if current trends continue amid fears over mass job losses, the head of the European Union Chamber of Commerce in China has warned.In a…

Jens Eskelund says Europe may need to allow its companies to become part of Chinese firms’ supply chainsEurope’s manufacturers could give up on attempting to compete with their Chinese counterparts by the end of the decade if current trends continue amid fears over mass job losses, the head of the European Union Chamber of Commerce in China has warned.In a…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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