
"A study commissioned by the China Chamber of Commerce to the EU estimates that forced replacement of Chinese suppliers across 18 critical sectors would cost the bloc €367.8bn ($432.83bn) between 2026 and 2030."
"The law would extend high-risk-supplier exclusions across 18 sectors of the European economy, including energy, transport, healthcare, banking, digital networks, and the space industry."
"The KPMG-conducted study breaks down the projected $432.83bn cost into infrastructure replacement, operational disruption, lost interoperability, and downstream productivity drag."
"The headline cost is, in CCCEU's framing, a floor rather than a ceiling."
A study by KPMG for the CCCEU estimates that replacing Chinese suppliers in 18 critical EU sectors will cost €367.8bn from 2026 to 2030. The revised Cybersecurity Act aims to enforce high-risk supplier exclusions across sectors like energy, transport, and healthcare. Components from these suppliers must be removed within 36 months, with penalties for non-compliance. The cost breakdown includes infrastructure replacement and operational disruption, with the estimate considered a minimum. The CCCEU represents Chinese interests, and KPMG was commissioned for this analysis.
Read at TNW | China
Unable to calculate read time
Collection
[
|
...
]