Technical-standards setting has arisen as the new battleground in superpower rivalry, with challenges posed by China’s rise also a “wake-up call” for Europe, an EU business group has warned.
In contrast with the free-market driven practices in the West, China’s “state-centric approach” to standards will likely add to the risks of increased politicisation and a decoupling from international technical measures, the European Union Chamber of Commerce in China said in a report released on Thursday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!