China's Chamber of Commerce to the EU (CCCEU) commissioned a KPMG study estimating that the EU's revised Cybersecurity Act — which would phase Chinese suppliers out of 18 critical sectors — would cost €367.8bn ($432.83bn) between 2026 and 2030. The cost breakdown covers infrastructure replacement, operational disruption, lost interoperability, and productivity drag. The study is framed as a lobbying move by Beijing to push Brussels toward softening the proposed binding regime or granting carve-outs. Key indicators to watch include the European Commission's own impact assessment, Germany's stance on the 36-month Huawei 5G removal window, and potential Chinese commercial countermeasures against European exporters.
Table of contents
How seriously to take the figureSort: