14.07.2026, Washington.
The US and EU countries will need to additionally invest $23.6 trillion over the next 25 years in order to cut their economical dependence on China in the manufacturing and technological sectors of the economy. The Financial Times wrote, citing calculations by the consulting company EY-Parthenon.
Experts analyzed the costs of building new production and logistics chains, processing facilities, research centers, and replacing the software of Chinese companies. By 2050, the US will require investments of $13.7 trillion for these purposes, the European Union – $9.1 trillion, and the UK – $800 billion.
According to the company, the additional investments are not insurmountable, but they would be required on top of existing investments in energy, technology, defense, and infrastructure. The situation is further complicated by the fact that Beijing controls critical industrial materials, from rare earth element processing to active pharmaceutical ingredients.
Source: Rossa Primavera News Agency
