AP: China retaliates against the EU, completely banning European medical equipment procurement by the government

AP reported on July 6, China's Ministry of Finance issued a notice on July 7, prohibiting European medical device companies from participating in government procurement projects worth more than 45 million yuan (approximately 6.28 million US dollars) starting immediately. This move is a direct countermeasure against the EU's restrictions on Chinese companies entering its government procurement market. The ban does not involve European companies that invest and set up factories in China. This action is the latest escalation in recent Sino-EU trade disputes. Previously, China had imposed anti-dumping duties on European brandy (especially French Cognac), and launched investigations into European pork and dairy products. The spokesperson for the Chinese Ministry of Commerce emphasized that this is a "retaliatory measure" and accused the EU of "ignoring the goodwill of China to resolve differences through dialogue and insisting on establishing new protectionist barriers." The EU implemented regulations in June this year, excluding Chinese companies from government procurement over 5 million euros (approximately 5.89 million US dollars), stating that the move aims to prompt China to cancel "discriminatory obstacles" against EU companies.

Original article: https://www.toutiao.com/article/1836893083968585/

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