Published: June 20th, 2023,
Last updated: June 20th, 2023
On Tuesday, the European Commission is unveiling its strategy for economic security, which aims to reduce the EU’s dependence on China. The strategy, although not a formal legislative proposal, intends to provide member states with suggestions for de-risking economic relations with the People’s Republic. Measures such as export restrictions or investment screenings are being considered to prevent the leakage of sensitive technology, particularly in the semiconductor sector.