EU's Industrial Plan Sparks China's Concern

China criticizes EU's Industrial Accelerator Act for targeting Chinese battery and EV firms.
EU requires foreign firms to partner with EU companies and transfer tech when operating in the bloc.
EU faces unfair competition from subsidized Chinese companies.
EU's 'Made in Europe' rules mandate minimum EU-made parts for firms.
China warns of countermeasures if EU legislation harms its companies.
Chinese Chamber of Commerce calls the plan protectionist, risking trade cooperation.
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