CompaniesWingtech Technology Co LtdFollowBRUSSELS, Nov 4 (Reuters) – The European Commission said on Tuesday it welcomed industry indications that China had engaged with EU companies to restore partial flow of chips, preventing a worst-case scenario and creating time and space to find a lasting solution.”We welcome the constructive approach shown by the Netherlands and China,” the EU executive said.
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It added that the Commission, led by EU trade chief Maros Sefcovic, would continue engagement to find a solution that restored functioning supply chains, while respecting EU economic security.
Reporting by Philip Blenkinsop and Bart Meijer
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