EU Act poses serious investment barriers, institutional discrimination: Chinese commerce ministry
15 Articles
15 Articles
China Warns EU of Retaliation Over ‘Made in Europe’ Plan
The Chinese communist regime on April 27 warned the European Union it will take “countermeasures” over its proposed “Made in Europe” industrial strategy, saying it constitutes “institutional discrimination” against foreign firms. The regime’s Ministry of Commerce said Beijing had complained to the European Commission about the bloc’s proposed Industrial Acceleration Act (IAA) to express its official position and concerns. “China believes that th…
A European bill, targeting the automotive industry, batteries or solar panels, does not appeal at all to the Chinese Ministry of Commerce.
Beijing is critical of Brussels' plans to give European goods preferential treatment when spending public money in the EU, as they see this as an obstacle to investment and discrimination against companies from third countries, and are therefore threatening countermeasures.
China Daily
EU Act poses serious investment barriers, institutional discrimination: Chinese commerce ministry
Beijing states that the initiative imposes "numerous restrictive requirements" on foreign investment and includes "discriminatory" clauses in public procurement and state support policies.
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