Economy
EU manufacturers could give up on competing with China by 2030, warns commerce chief
Publication: Economics | The Guardian
Author: Lisa O’Carroll
Source published: 10/11/2026, 06:00:30 UTC
Briefing created: 10/11/2026, 06:22:16 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 10/11/2026, 06:05:25 UTC.
Briefings
EU commerce chief Jens Eskelund warns European manufacturers may stop competing with China by 2030 if current trends persist. He suggests companies might shift from 'Made in China for China' to 'Made in China for the world' to avoid mass job losses. This is a warning based on current trends, not a confirmed prediction of future behavior.
Key points
- Jens Eskelund, head of the European Union Chamber of Commerce in China, warned that European manufacturers could give up on competing with China by 2030 if current trends continue.
- Eskelund stated that European companies operating in China were now thinking 'Made in China for China' could be replaced by a philosophy of 'Made in China for the world'.
Context
The warning comes from Jens Eskelund, head of the European Union Chamber of Commerce in China, who argues that European manufacturers may need to allow their companies to become part of Chinese firms' supply chains. This perspective is based on the idea that if a country cannot beat a competitor, it should join them, particularly in the context of fears over mass job losses.
Limitations
The evidence is limited to a single statement from Jens Eskelund regarding current trends and potential future behavior. The article does not provide specific data on job loss rates, exact numbers of affected companies, or confirmed dates for when this shift might occur. The warning is based on current trends and does not constitute a confirmed prediction of future behavior.
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