EU faces 300,000 factory job cuts as China ‘colonises’ supply chains, industry warns
European manufacturers warn that up to 300,000 factory positions could be lost as Chinese firms expand control over supply chains. Industry groups say the shift threatens the EU’s production base. To highlight the issue, activists plan a demonstration in Brussels featuring ten coffins as a symbol of the sector’s decline. The protest, scheduled for Thursday, aims to draw attention from policymakers.