European companies ‘becoming more reliant on China, not less’, EU chamber chief says
The head of the EU Chamber of Commerce in China reports that European companies are becoming increasingly dependent on Chinese supply chains despite political pressure to decouple. Cost competitiveness and the yuan's exchange rate are cited as primary drivers for this deepening integration.
Why it matters
This highlights a significant gap between EU political objectives and the practical economic realities faced by European businesses operating in China.
Europe’s push to reduce its dependence on China is driving many of its companies deeper into Chinese supply chains, according to the head of the European Union Chamber of Commerce in China.
The article presents the perspective of a trade chamber official while acknowledging the broader geopolitical context of EU-China trade relations.
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