China warns EU over ‘Made in Europe’ plan, vows countermeasures

China warns EU over ‘Made in Europe’ plan, vows countermeasures

Beijing slammed on Monday an EU plan aimed to bolster the bloc’s industries in opposition to fierce competitors from China, vowing countermeasures whether it is enacted. The EU unveiled in March new “Made in Europe” guidelines for corporations attempting to entry public funds in strategic sectors together with cars, inexperienced tech and steel, obliging companies…

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