China Blocks European Firms from Selling Medical Equipment
China announced on Sunday that it will bar European medical device companies from participating in government procurement contracts if the contract value exceeds 45 million yuan ($6.28 million). The move is a direct response to the European Union's restrictions on Chinese medical products.
According to a notice from China’s Finance Ministry, the restriction will not apply to European firms that have established operations and manufacturing facilities within China.
This development follows China's decision on Friday to impose anti-dumping duties on European brandy, particularly French cognac. While some major producers have been granted exemptions, the broader trade tensions between China and the EU continue to affect several sectors.
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