China export controls push European firms to move supply chains

By Joe Cash and Eduardo Baptista BEIJING, Dec 1 (Reuters) - China's tightening export controls are pushing European firms to explore new supply chain capacity outside of the world's second-largest economy, a European lobbying group said ​on Monday, seeking cover from the U.S.-China trade war. The European Union Chamber of Commerce in China said one in ‌three member companies was looking to shift sourcing away from China due to Beijing's export control regime, with 40% of its flash survey's respondents re ...