European industry leaders warn that the EU could face up to 300,000 factory job cuts as Chinese companies gain control over key supply chains. They say Europe risks becoming dependent on imports for machinery, components, batteries, and other industrial goods, a trend critics describe as China’s “colonization” of manufacturing networks. The warning comes amid weak demand, high energy costs, and intensifying global competition. Policymakers face pressure to protect domestic production without triggering wider trade conflict with Beijing and Washington alike.
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