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Eurometal warns Chinese competition could cost EU 300,000 jobs by year-end
๐Ÿ“ˆ Business

Eurometal warns Chinese competition could cost EU 300,000 jobs by year-end

Industry association Eurometal warns that 300,000 jobs in EU manufacturing could disappear by the end of 2026 due to expansion by Chinese component producers. China is posting a record trade surplus with the EU reaching 1 billion euros daily, which the industry says represents actual "colonization" of supply chains. A protest took place in Brussels symbolized by 10 coffins representing manufacturing sectors in crisis.

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