The European Union faces challenges in achieving independence from China regarding critical raw materials essential for batteries and technology. A leading industrialist, Stefan Scherer, emphasizes the need for temporary protection for European manufacturers against cheaper Chinese competition. Current policies from Brussels are insufficient, and without meaningful changes, Europe's climate ambitions may be compromised. Scherer provocatively suggests that Europe might as well apply to be a province of China, given the ongoing dependence on Chinese supply chains cultivated by past decisions of western leaders.
China will continue to dominate battery technology and undercut EU rivals unless temporary protections on components are put in place. Current Brussels policy is failing.
Europe must become independent of China; otherwise it's just blah blah blah. Many component manufacturers face daily cheaper Chinese alternatives.
Stefan Scherer suggests it might be better for the EU to apply to be a province of China due to not addressing meaningful changes in economic policy.
The shift in the global supply chain is a result of western leaders' own actions, pushing Europe into a precarious position regarding dependency.
#eu-china-relations #battery-technology #industrial-policy #supply-chain-independence #climate-goals
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