European industry

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Illustration depicting EU's 'Made in EU' Industrial Accelerator Act proposal and China's warning of countermeasures amid trade tensions.
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EU advances ‘Made in EU’ Industrial Accelerator Act; China warns of countermeasures

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The European Commission has proposed the Industrial Accelerator Act, a flagship “Made in EU” initiative that would tie parts of public procurement and support schemes to local-content and low‑carbon requirements in selected strategic sectors. China’s commerce ministry has criticized the plan as discriminatory and warned it could respond if Chinese companies’ interests are harmed.

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