Chinese Chamber of Commerce Estimates Over €367 Billion Cost for EU Cybersecurity Plan

A study by KPMG for the Chinese Chamber of Commerce in the EU (CCCEU) projects that removing Chinese technology suppliers from 18 key EU sectors between 2026 and 2030 will cost around €367.8 billion. This figure is higher than the €432 billion cited by Reuters, reflecting the significant financial impact of the European Commission’s cybersecurity overhaul plan.