The China Chamber of Commerce to the EU (CCCEU) has called out new EU restrictions blocking Chinese firms from bidding on medical device contracts worth over €5 million, calling the move 'discriminatory' and a threat to global trade harmony. 🔧⚖️
What’s the Deal?
EU member states approved the five-year ban this week under the bloc’s International Procurement Instrument (IPI), sparking backlash from Chinese businesses. The CCCEU warned the decision 'sends a troubling signal' and contradicts EU claims of supporting fair market access. 💼🚫
Reciprocity or Restriction?
While the EU says the IPI ensures 'market reciprocity,' the chamber argues European companies have long benefited from China’s open medical device market. 'This decision ignores years of balanced engagement,' the CCCEU stated, urging EU leaders to reconsider the 'harmful' policy. ⚖️🤝
Bigger Than Business
The clash comes amid rising global protectionism, with the CCCEU stressing that China and the EU 'should champion free trade—not trade wars.' Chinese firms have contributed to EU jobs and tech innovation, the chamber noted, calling for collaboration over confrontation. 🌐✨
