EU companies in China should 'prepare for the worst' in digital decoupling report


Source: sharenet.co.za sharenet.co.za

Key Topics in this News Article:

News Snapshot:

Most Read EU companies in China should 'prepare for the worst' in digital decoupling - report BEIJING, Jan 14 (Reuters) - Digital decoupling between China and the United States could severely impact EU businesses in China and they should "prepare for the worst" and may be forced into a costly separation of their international operations, European business groups said. While political, trade and financial decoupling are concerning, China-U.S. rivalry in the technology sphere is set to cause the biggest upset, the European Chamber of Commerce in China and MERICS, a Berlin-based think tank, said in a report released on Thursday....