The EU Commission can't quite get its supply chain law off the ground. The Brussels-based authority missed the October deadline for the presentation of its so-called Due Diligence Law. One reason: EU Commission President Ursula von der Leyen wants to use the supply chain law to enforce a ban on imports of products from forced labor. This could also affect some Chinese imports.
By Charlotte Wirth
The Commission misses the October deadline for presenting the law on corporate due diligence. As if there weren't enough points of contention already, the Commission President has now interfered: von der Leyen wants to use the law to enforce a ban on imports of products from forced labor. This would actually require a trade instrument.
By Charlotte Wirth
China's power shortages are causing new disruptions to international supply chains. The chip supply is also affected. Some companies are still utilizing their stock. But the crisis is getting worse by the day. This also has an impact on Christmas sales.
By Nico Beckert
In order to live up to its claim to technical leadership, Beijing has recognized the power of determining standards. Newly published guidelines show Beijing's two-pronged approach: Its domestic standards system is to be unified and is to gain more significance internationally.
By Amelie Richter