China Escalates Trade War with EU, Targeting European Medical Device Firms in Retaliation

Once again, China is flexing its economic muscle to punish Western nations standing up to its unfair trade practices. This time, Beijing has targeted European medical device companies by banning their participation in Chinese government purchases exceeding 45 million yuan—roughly $6.28 million—effectively slamming the door on some of Europe’s most advanced healthcare manufacturers.This punitive move comes as a direct response to the European Union’s June decision to exclude Chinese firms from government contracts valued over 5 million euros ($5.89 million). The EU justified its measure as a necessary step against China’s well-documented discrimination and administrative barriers that block fair access...