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Recent Editions
Risk Channel
North America
Reuters reports that top consulting firms including KPMG, EY and Bain & Co are doing business in China in ways that some industry and legal experts say test the boundaries of Western sanctions. Interviews by Reuters with 10 current and former industry figures and a review of engagement agreements and company communications are said to demonstrate how the consultancies have sought to maneuver around evolving constraints.
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Risk Channel
UK/Europe
EU industry chief Stephane Sejourne has said in an article which was published in newspapers across Europe on Sunday, and which was co-signed by more than 1,100 CEOs and other business leaders, that Europe needs to protect its own industries with a "Made in Europe" strategy. "Without an ambitious, effective and pragmatic industrial policy, the European economy is doomed to be just a playground for its competitors . . . We must establish, once and for all, a genuine European preference in our most strategic sectors," Sejourne said. Reuters notes that EU countries are divided over European Commission plans to propose a so-called Industrial Accelerator Act this month that will likely set requirements to prioritise locally manufactured products.
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