Article #19551
South China Morning Post - World News
| Title | EU cyber plan barring Chinese suppliers will cost US$430 billion: report | Source | South China Morning Post - World News |
| Description | The European Union’s push to bar Chinese suppliers from its critical infrastructure under a proposed new Cybersecurity Act would cost the bloc a jaw-dropping €367.8 billion (US$431.4 billion) over the next five years, a new study has warned. The law’s vast price tag comes from the need to rip out and replace huge amounts of Chinese hardware – a task that alone could cost €146.2 billion – with other losses stemming from resource reallocation, service disruptions, employment adjustments and legal... | ||
| Link | https://www.scmp.com/economy/china-economy/article/3352610/eu-cyber-plan-barring-chinese-suppliers-will-cost-us430-billion-report?utm_source=rss_feed | Published At | 2026-05-06 04:59:46 (2 months ago) |
| Created At | 2026-05-06 05:00:22 | Updated At | 2026-05-06 05:00:22 |