Story perspectives

EU Cybersecurity Act Revision Could Cost €367.8B, China Warns

5/8/2026

Summary

Story summary

The EU is revising its Cybersecurity Act, a change that could cost up to €367.8 billion in five years if Chinese suppliers are replaced.
A China Chamber of Commerce–KPMG report estimates €146.2 billion in direct losses from removing Chinese hardware and finds no technical backdoors.
China’s Ministry of Commerce warned the European Commission in April that discriminatory EU actions could trigger Chinese countermeasures.
Zhao Junjie said the move politicizes trade.

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Story summary

The EU is revising its Cybersecurity Act, a change that could cost up to €367.8 billion in five years if Chinese suppliers are replaced.
A China Chamber of Commerce–KPMG report estimates €146.2 billion in direct losses from removing Chinese hardware and finds no technical backdoors.
China’s Ministry of Commerce warned the European Commission in April that discriminatory EU actions could trigger Chinese countermeasures.
Zhao Junjie said the move politicizes trade.