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boardroom TNW May 06, 2026

Chinese chamber of commerce puts a $432bn price tag on the EU’s cybersecurity overhaul

Chinese chamber of commerce puts a $432bn price tag on the EU’s cybersecurity overhaul
AI Summary

A KPMG-conducted study commissioned by the CCCEU estimates that phasing Chinese suppliers out of 18 critical EU sectors between 2026 and 2030 would cost €367.8bn. Reuters’ headline rounds that down. The actual figure is materially higher.

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