German Supply Chain Act gets off to a ta • Table.Briefings

The new Supply Chain Act came into force at the turn of the year. Large companies will be under greater obligation to comply with human rights and environmental requirements. This primarily affects German companies that do business in and with China. But most of them are prepared.

So far, the anger about the new Supply Chain Act has been limited and only one person in the German public is upset about the law: Wu Ken, the Chinese ambassador. China will not interfere in Germany’s legislation, he said in an interview with Handelsblatt. „But politicizing economic and trade issues distorts the principles of the market economy.“

German Supply Chain Act gets off to a tame start

Sign up now and continue reading immediately