BRUSSELS — The European Union announced on Wednesday an investigation into whether China is using unfair methods to deprive companies in Europe of access to its market for medical devices ranging from hypodermic needles to high-tech scanners.
“We are launching this investigation with China so that we can achieve a level playing field in our procurement markets for producers of medical devices, on both sides,” he said. “Regrettably, our repeated discussions with China on this trade irritant have been fruitless.” The commission said it has gathered evidence indicating that China’s market has gradually closed to European firms and products made in the EU. It asserts that measures introduced by China “unfairly differentiate” between local and foreign companies. It did not quantify the effects on European businesses.
The first step in the investigation — which could take from nine to 14 months to complete — will be for the commission to send a list of questions to Chinese authorities.
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Fuente: ForbesTech - 🏆 318. / 59 Leer más »