Europeans Tally Huge Costs of China’s Controls on Critical Goods

Chinese export controls are forcing European companies to rethink how they operate, according to a survey, after piling on additional costs that could exceed €250 million ($290 million) in the case of one firm.

The poll, released Monday by the European Union Chamber of Commerce in China, also found that another respondent estimated the curbs will result in additional costs equivalent to around 20% of its gross global revenue for 2025. About a third of European firms in the country said they plan to shift sourcing away from China as a result of the policies, according to the survey ...