European firms unprepared for China shock as EU tries to cut reliance on Beijing

Welt

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The Ukraine war has shown how vulnerable the European economy is. However, new data show that many companies are still not prepared for the emergency.

nin.rs

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Companies are aware of geopolitical risks, but few are stockpiling raw materials, switching suppliers or preparing for a crisis over Taiwan.

Scenarieconomici.it

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A study reveals that 60% of European companies have no plans against a possible Chinese blockade or crisis in Taiwan. Between empty warehouses and a deficit of one billion per day, the industry risks sudden stoppage. L'articolo The Chinese trap: the European industry runs towards the abyss without a plan B comes from Economic Scenarios.