EU Faces 300,000 Job Cuts as China 'Colonises' Supply Chains
The European steel association Eurometal predicts 300,000 job losses in the EU manufacturing sector by the end of 2026 due to increasing competition from China. Chinese companies are expanding their presence in European supply chains, selling cheaper components and threatening European factories. Eurometal plans a protest in Brussels using coffins to symbolize the struggling industry.9 sourcesSee all sources