European industry faces threat from China’s new five-year plan
Updated
Updated · Bloomberg · May 7
European industry faces threat from China’s new five-year plan
11 articles · Updated · Bloomberg · May 7
Beijing’s roadmap, issued in March, sets out ambitions for greater technological sophistication, raising pressure on manufacturers in Germany and across Europe.
The plan signals a new phase of Chinese rivalry for sectors that once benefited from China’s rise, prompting businesses and policymakers to reassess how to respond.
For Europe, the shift deepens concern that China is moving from key market and partner to a more direct competitor threatening regional prosperity.
Why are European companies increasing investment in China while Brussels pushes for 'de-risking'?
Can Europe's new industrial act revive its manufacturing without sparking a devastating trade war with China?
As the EU and China compete in green tech, will the global climate transition accelerate or stall?