Image used for representational purposes only,
| Photo Credit: Reuters
Beijing slammed on Monday(April 27, 2026) an EU plan aimed to bolster the bloc’s industries against fierce competition from China, vowing countermeasures if it is enacted.
The EU unveiled in March new “Made in Europe” rules for companies trying to access public funds in strategic sectors including cars, green tech and steel, obliging firms to meet minimum thresholds for EU-made parts.
Published – April 27, 2026 11:08 pm IST