Close Menu
    Trending
    • How to put all your incoming messages in one unified dashboard (it’s easy!)
    • America’s Local Police Are Becoming Intelligence Agencies
    • As Islamists Slaughter Christians, Democrat Candidate Warns Christians Feel ‘Very Threatening’ to Her – She’s a Christian Minister * The Gateway Pundit * by C. Douglas Golden, The Western Journal
    • Elon Musk Documentary Finally Gets Release Date
    • Explosion, ‘suspected bomb’ in Philippine capital before Marcos speech
    • Iran warns Ukraine of retaliation after deadly Caspian Sea strike | US-Israel war on Iran News
    • Warriors may have a huge Steph Curry problem
    • 10 Essential Strategies for B2B Sales Growth
    The Daily FuseThe Daily Fuse
    • Home
    • Latest News
    • Politics
    • World News
    • Tech News
    • Business
    • Sports
    • More
      • World Economy
      • Entertaiment
      • Finance
      • Opinions
      • Trending News
    The Daily FuseThe Daily Fuse
    Home»Trending News»EU bars Chinese firms from major state medical equipment contracts
    Trending News

    EU bars Chinese firms from major state medical equipment contracts

    The Daily FuseBy The Daily FuseJune 20, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    EU bars Chinese firms from major state medical equipment contracts
    Share
    Facebook Twitter LinkedIn Pinterest Email


    BRUSSELS: The European Union on Friday (Jun 20) banned Chinese language corporations from authorities medical system purchases value greater than €5 million (US$5.8 million) in retaliation for limits Beijing locations on entry to its personal market.

    The most recent salvo in commerce tensions between the 27-nation bloc and China covers a variety of healthcare provides, from surgical masks to X-ray machines, that symbolize a market value €150 billion within the EU.

    “Our goal with these measures is to degree the enjoying discipline for EU companies,” the bloc’s commerce commissioner Maros Sefcovic stated.

    “We stay dedicated to dialogue with China to resolve these points.”

    In response, China accused the EU of “double requirements”.

    “The EU has all the time boasted that it’s the most open market on this planet, however in actuality, it has steadily moved in direction of protectionism,” international ministry spokesman Guo Jiakun stated at an everyday press briefing.

    “Underneath the guise of honest competitors (the EU) really carries out unfair competitors, which is a typical case of double requirements.”

    The European Fee stated in an announcement the transfer was in “response to China’s longstanding exclusion of EU-made medical units from Chinese language authorities contracts”.

    Brussels stated slightly below 90 per cent of public procurement contracts for medical units in China “had been topic to exclusionary and discriminatory measures” in opposition to EU corporations.

    Along with barring Chinese language corporations from main state purchases, “inputs from China for profitable bids” would even be restricted to 50 per cent, it stated.

    During the last three years, Brussels and Beijing have come into battle in a variety of financial sectors, together with electrical vehicles, the rail trade, photo voltaic panels and wind generators.

    The choice on medical units comes at a time of heightened commerce tensions with President Donald Trump’s United States, which has imposed customs surcharges on imports from all around the world, together with Europe.

    The EU has determined to take a more durable stance on commerce lately, adopting an unlimited arsenal of laws to raised defend its companies in opposition to unfair competitors.

    In April 2024, the fee opened an investigation into Chinese language public contracts for medical units, the primary underneath a brand new mechanism launched by the EU in 2022 to acquire higher entry to abroad state purchases.

    China, alternatively, accuses Europe of protectionism.

    After a yr of negotiations, the fee, which manages commerce coverage on behalf of the 27 member states, stated it had didn’t make any progress with China.

    “The measure seeks to incentivise China to stop its discrimination in opposition to EU corporations and EU-made medical units and deal with EU firms with the identical openness because the EU does with Chinese language firms and merchandise,” Brussels stated.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    The Daily Fuse
    • Website

    Related Posts

    Explosion, ‘suspected bomb’ in Philippine capital before Marcos speech

    July 27, 2026

    Shooting at a Seattle food festival leaves 2 dead and wounds 5: Official

    July 27, 2026

    Israel to allow international force into Gaza: Official

    July 27, 2026

    Israeli settlers set fire to West Bank mosques after deadly clash

    July 26, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Living Solely Off Social Security Benefits In Retirement Is Possible

    November 26, 2025

    Taylor Swift Shows Her True Colors In Unsealed Blake Lively Texts

    January 22, 2026

    ‘Jeopardy!’ just got a YouTube makeover—and it’s nothing like the TV version

    March 28, 2026

    Three NFL teams that should pursue a top free agent

    February 2, 2026

    DR Congo will not change World Cup preparations despite US Ebola warning | World Cup 2026 News

    May 23, 2026
    Categories
    • Business
    • Entertainment News
    • Finance
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Thedailyfuse.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.