
This may require developing a new instrument to compel companies in critical sectors to expand both the number and the locations of the suppliers they use. Sefcovic is also expected to ramp up the use of safeguard measures in sectors that are under severe pressure from Chinese overcapacity.
Advertisement
Safeguards are faster and broader than anti-dumping or anti-subsidy probes and are difficult for dissenting member states to block, since a qualified majority of capitals is required to obstruct them. They are expected to be used in some chemicals and machinery industries.
Advertisement

Don't Miss:
-
Make home ownership a 5-year plan goal, Legco president says
-
Hong Kong a ‘trusted partner’ to drive Central Asia growth, city leader says
-
More Chinese pet owners choose TCM for chronic pet illnesses using herbs, bee stings, acupuncture
-
Iranians recount horrors of suspected US missile attack on first day of war
-
2 Hong Kong travel agencies, guide stripped of licences over ‘coerced shopping’

US-South Korea Alliance Faces a Test beyond Political Rhetoric
RECAP: Asia Sentinel Stories for August 2026
Taiwan’s Habit of Releasing Soldiers’ Full Names Seems Risky