Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
EU unveils economic security plan to counter Chinese tech rivalry
Posted on January 29, 2024 |
The European Union has developed measures to protect important economic assets from potential threats by geopolitical rivals, reflecting a reevaluation of EU-China relations.
The proposed rules involve more rigorous scrutiny of foreign investments, tightened controls on exports, and increased restrictions on those involved in researching vital technologies.
Driven by significant geopolitical changes and swift technological advancements, the EU seeks to reduce security risks associated with trade and investment.
The plan's objective is to address risks to EU economic security while ensuring a highly appealing environment for business and investment.