China retaliates against EU with a ban on European medical devices

BANGKOK (AP) – China said on Sunday that European medical device companies will be banned from selling to the Chinese government as a precaution against the restrictions of the European Union on the sale of similar products from China.

According to a statement from the Ministry of Finance, with restrictions on the same day restrictions, the supply budget will be excluded from European companies if the budget is over 45 million Yuan ($ 6.28 million). The movement will not apply to European companies that invest in China and produce goods in the country.

China impose anti-dumping tasks for Europe on Friday, most importantly Cognac produced in France. Although the tasks on Brandy contain various exceptions for large Brendi manufacturers, China and the EU have multiple trade disputes in a number of industries. China protested after many European countries have assigned tasks about the houses in China. Since then, China has initiated investigations about Europe pork And dairy products.

In June, the EU announced that Chinese companies would exclude more than 5 million euros ($ 5,89 million) from the purchases of government. The measure said that it aims to encourage China to stop discrimination against EU companies, and the EU accused China of sewing “important and recurrent legal and administrative obstacles against the supply market”.

In response, China said that there is no choice but to apply counter measures ”.

“China, through bilateral dialogues, dialogue and consultation and bilateral government supply arrangements through bilateral dialogues, the EU will be willing to deal with the difference again again,” he said. “Unfortunately, the EU has ignored China’s goodwill and sincerity, and still insisted on taking restrictive measures and building new protective obstacles.”