EU Tools Up to Protect Key Tech From China
BRUSSELS — The European Union on Wednesday unveiled plans to strengthen the bloc’s economic security, including measures to protect sensitive technology from falling into the hands of geopolitical rivals such as China. Brussels has bolstered its armory of trade restrictions to tackle what it deems to be risks to European economic security, following Moscow’s invasion of Ukraine and global trade tensions. The fallout from the war in Ukraine hit Europe particularly hard, forcing the bloc to find alternative energy sources. Now, it wants to avoid a similar over-reliance on China, which dominates in green technology production and critical raw materials. Onmore
Leave a comment