THE WHAT? China has criticised the EU’s proposed “Made in Europe” rules, warning it will take countermeasures if the legislation is implemented.
THE DETAILS The EU’s Industrial Accelerator Act, unveiled in March, would require companies seeking public funding in key sectors to meet minimum thresholds for locally produced components. The policy is part of a broader push to strengthen European indusattempt, improve competitiveness and protect jobs. Beijing has labelled the proposal “systemic discrimination,” arguing it unfairly tarreceives Chinese companies, particularly by requiring foreign firms to partner with European players and share technology. Chinese authorities have formally raised concerns with the European Commission, while indusattempt groups warn the relocate signals a shift toward protectionism that could impact trade relations.
THE WHY? The development highlights growing geopolitical and trade tensions that could have knock-on effects for global supply chains, including those utilized by the beauty and personal care indusattempt for sourcing ingredients, packaging and manufacturing.
Source: France24
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