Brussels declares war on Chinese corporations
Los Comisarios se reúnen hoy para proponer una profunda reforma de la contratación pública que favorece la "preferencia europea". Leer
The European Commission is set to propose a major reform of public procurement rules, introducing a "European preference" principle that would allow EU member states to impose barriers to entry on companies from third countries. The reform aims to address China's lack of reciprocity in trade with the EU, where Chinese companies have significant access to the EU market but face restrictions in their home market.
The new rules could affect major Chinese companies such as BYD, CCCC, and Cosco, which have significant business in the EU. The public procurement system accounts for around 20% of the EU's GDP, approximately €3.7 trillion.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
