Beijing's lobbying offensive on the EU Cybersecurity Act in numbers
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Beijing's lobbying offensive on the EU Cybersecurity Act in numbers
"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
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