China Hits Back at Europe with Reciprocal Ban

China today responded to the European Union’s move of barring Chinese companies from participating in EU public tenders for medical devices by imposing a similar ban on European firms, marking another chapter in the ongoing trade tensions between the two economies.
In a statement, China’s Ministry of Commerce announced that EU companies — except those having production base in China — will be excluded from participating in bids exceeding 45 million yuan ($6.3 million).
The Chinese ban, effective immediately, includes a wide range of products from prosthetics to spare parts for medical devices and surgical instruments. The ministry also stated that EU products must not make up more than 50% of offers submitted by non-European companies.