China warns of countermeasures over EU ‘Made in Europe’ plan amid rising trade tensions
THE WHAT? China has criticised the EU’s proposed “Made in Europe” rules, warning it will take countermeasures if the legislation is implemented.
THE DETAILS The EU’s Industrial Accelerator Act, unveiled in March, would require companies seeking public funding in key sectors to meet minimum thresholds for locally produced components. The policy is part of a broader push to strengthen European industry, improve competitiveness and protect jobs. Beijing has labelled the proposal “systemic discrimination,” arguing it unfairly targets Chinese companies, particularly by requiring foreign firms to partner with European players and share technology. Chinese authorities have formally raised concerns with the European Commission, while industry groups warn the move signals a shift toward protectionism that could impact trade relations.
THE WHY? The development highlights growing geopolitical and trade tensions that could have knock-on effects for global supply chains, including those used by the beauty and personal care industry for sourcing ingredients, packaging and manufacturing.
Source: France24
The post China warns of countermeasures over EU ‘Made in Europe’ plan amid rising trade tensions appeared first on Global Cosmetics News.
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