Geopolitics: Why localization worries th • Table.Briefings

Container terminal in the port of Qingdao.

European companies continue to relocate business functions to China to cut costs or to be able to adapt to the wishes of local customers. However, according to a report by the EU Chamber of Commerce, they are also increasingly doing so for other reasons.

In a new report, the European Chamber of Commerce in China has strongly warned of the dangers of so-called „siloing.“ This trend describes Western companies outsourcing more and more activities to China in parallel structures – although, according to the chamber, this does not actually make sense from a market economy perspective.

Geopolitics: Why localization worries the EU Chamber of Commerce

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