EU-China trade

EU advances ‘Made in EU’ Industrial Accelerator Act; China warns of countermeasures

27 Mwezi wa nne, 2026 Imeripotiwa na AI Picha iliyoundwa na AI Imethibitishwa ukweli

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.