China bans government procurement of EU medical devices worth over 45M yuan in retaliation for EU trade restrictions

China has hit the European Union with a retaliatory ban after the continent’s governing body decided to limit Chinese participation in public tenders for medical devices. Both the EU and China are escalating measures to sever ties and reliance on each other in critical sectors such as green technologies, healthcare, and advanced manufacturing. China has begun restricting the imports of high-value medical devices from the European Union, intensifying a growing trade dispute between the two countries as a result. China bans high-value EU medical devices On Sunday, China’s finance ministry announced that government procurement of medical equipment from the EU...