Foreign media: Despite the EU's efforts to reduce reliance on China's supply chain by trade agreements with Asian countries such as Vietnam, Indonesia, and India, it ultimately found it difficult to escape China's influence.
Taking Indonesia as an example, its nickel ore resources are crucial for Europe's energy transition, but 75% of the nickel smelting capacity is controlled by China, so European companies still need to rely on a value chain dominated by China when obtaining raw materials. In addition, Indonesia's semiconductor industry relies on Chinese components, and its digital market is also closely connected to platforms controlled by China.
Therefore, the EU's efforts to diversify the supply chain have actually restructured the dependency into a more complex form, rather than truly escaping from China.
Original article: www.toutiao.com/article/1844856443599888/
Statement: The article represents the personal views of the author.