Margrethe Vestager, competition commissioner of the European Commission. Photo: Anadolu / Bloomberg
Margrethe Vestager, competition commissioner of the European Commission. Photo: Anadolu / Bloomberg

EU aims to cut reliance on China for chips and pharmaceutical materials

  • The industrial strategy plan, devised after the Covid-19 pandemic led to bottlenecks in supply chains, will be presented on May 5
  • An industrial action plan to be announced next week cites Europe’s reliance on China for raw materials and pharmaceutical ingredients

Topic |   European Union
Margrethe Vestager, competition commissioner of the European Commission. Photo: Anadolu / Bloomberg
Margrethe Vestager, competition commissioner of the European Commission. Photo: Anadolu / Bloomberg
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