EU ambassador warns China about unfair treatment of medical companies
Trade relations between EU and China hit rough patch after series of investigations and tariffs from both sides. EU ambassador points at unfair treatment of European medical-device makers in Chinese market.
The EU-China trade relationship faces new challenges as five-years of back-and-forth talks show no real improvement. Jorge Toledo‚ the EUʼs ambassador to China points out growing issues with market-access rules
Last week‚ the EU put new tariffs (up to 45.3%) on Chinese electric cars; this led to China starting its own checks of European food products and limiting brandy imports. The situation shows how both sides react to each-others trade decisions
The medical-devices sector became a hot-point after the EU started looking into Chinas public buying rules this spring. Toledo spoke at a Shanghai business-school event saying European companies that make medical stuff in China for about 20 years dont get fair treatment compared to local firms: their access to public contracts is limited
We dont want a trade war; we just want transparency and a level playing-field
The EU warns that if unfair treatment continues‚ they might use same rules for Chinese firms in Europe. This shows how both sides are trying to balance trade relations - while avoiding full-scale trade conflicts
