EU officials are sounding the alarm as a growing trend of European companies acquiring local parts makers has raised concerns about a potential backdoor route for Chinese exports to circumvent existing trade restrictions. The acquisitions, which have been taking place across the continent, have sparked fears that Chinese firms could gain access to sensitive technology and intellectual property, potentially undermining the EU's efforts to protect its industries from unfair competition. As the bloc continues to grapple with the challenges of a rapidly shifting global trade landscape, the EU's executive arm is now urging member states to scrutinize these deals more closely, citing national security and economic interests. With the EU's trade relationships with China already under intense scrutiny, these acquisitions have added a new layer of complexity to the bloc's efforts to balance economic growth with protection of its domestic industries.
Acquisitions of local parts makers amid resistance to Chinese exports have worried EU officials