EU's Industrial Plan Sparks China's Concerns

China criticizes EU's 'Industrial Accelerator Act' as protectionist.
EU plan targets Chinese battery and EV firms, requiring foreign partnerships.
EU's 'Made in Europe' rules mandate EU-made parts for firms.
China's commerce ministry warns of countermeasures against EU legislation.
Chinese Chamber of Commerce labels plan as protectionist, risking trade ties.

Trade | Competition | Protectionism

China | European Union

Chinese Commerce Ministry | Chinese Chamber of Commerce to the European Union

6 days ago