China's Ministry of Commerce has fired back at a reported decision by several EU member states to bar Chinese medical device manufacturers from bidding on public procurement tenders exceeding 5 million euros. This move, implemented under the EU's International Procurement Instrument, has sparked a heated debate over fair trade practices. ⚖️
A ministry spokesperson sharply criticized the measure as discriminatory, arguing that it distorts fair competition and creates unwarranted trade barriers. In a time when many economies are championing transparency and inclusiveness, this decision is seen by China as a clear example of protectionist practices that harm business opportunities.
For young professionals and tech-savvy audiences across South and Southeast Asia, this news underscores how global trade policies can impact innovation and market dynamics. As more of us follow both technology and international trends, issues like these remind us that what happens on the global stage can affect local industries and everyday opportunities. 🌏
China has urged the EU to adhere to WTO rules and principles of fairness, transparency, and non-discrimination. The ministry also stressed that it will closely monitor future developments and take necessary measures to protect the rights and interests of its enterprises. Stay tuned for further updates on this evolving story! 🤔
Reference(s):
cgtn.com
