EU bars Chinese firms from major state medical equipment contracts...

EU bars Chinese firms from major state medical equipment contracts

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The EU on Friday banned Chinese firms from government medical device purchases worth more than five million euros ($5.8 million) in retaliation for limits Beijing places on access to its own market. In April 2024, the commission opened an investigation into Chinese public contracts for medical devices, the first under a new mechanism introduced by the EU in 2022 to obtain better access to overseas state purchases.

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