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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 chains Europe’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…

Reported by The Guardian. We will add other newspapers as they cover it.

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  1. The GuardianUnited Kingdom

    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 chains Europe’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…

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