Workers prepare to pour ductile iron casting molten iron into a mould at the Siempelkamp Giesserei foundry in Krefeld, Germany, on April 21, 2022. Sascha Schuermann/Getty ImagesThe Chinese communist regime, on April 27, warned the European Union that it would take “countermeasures” over its proposed “Made in Europe” industrial strategy, stating that it constitutes “institutional discrimination” against foreign firms.The Chinese Ministry of Commerce stated that Beijing had complained to the European Commission about the bloc’s proposed Industrial Acceleration Act (IAA) to express its official position and concerns.
China Warns EU of Retaliation Over Made in Europe Plan
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