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Image Credit: Bloomberg Quint

China's Retaliation To EU Curbs Complicates Ties Before Summit

  • China has retaliated against the European Union's restrictions on its medical device makers by excluding EU-based companies from Chinese government procurement for certain medical devices.
  • The exclusion does not apply to products made in China, offering relief to major European companies with localized production in China.
  • The retaliatory move by China is seen as a tit-for-tat response to the EU's earlier curbs on Chinese medical devices in public procurement.
  • The escalating trade tensions come just before a high-stakes summit between EU and Chinese leaders, reflecting strained relations and uncertain outcomes.

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