Excluding Chinese suppliers under Cybersecurity Act risks costs to EU, says report
( May 6, 2026, 09:01 GMT | Official Statement) -- MLex Summary: The EU’s proposed Cybersecurity Act revision could cost up to €367.8 billion over five years if Chinese suppliers are excluded from key sectors, according to a report published Wednesday by the China Chamber of Commerce to the EU and KPMG, a multinational professional services network. The report warned of impacts on the energy and telecoms sectors and urged technology-neutral cybersecurity rules instead of origin-based restrictions.The report and the press release are attached....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.