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Even's avatar

Re the final item: China's restrictions are structured to be exactly reciprocal to those of the EU. That is to say, it is not a nefarious secret plot by China to treat imports differently than locally manufactured medical devices – it's the exact same set of penalties & incentives imposed by the EU measures, which also "reward relocation" by Chinese firms into Europe. Indeed, a distinction between locally manufactured products and imports is a fairly normal feature of trade policy.

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SOAPBOX's avatar

I don’t think we would have written that before 2019, since the correlation between EU exports of medical devices to China and EU imports from China was nearly perfect, close to 1. But from 2019 onward, the correlation has turned sharply negative.

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Ruben Cober's avatar

About time that the EU stops this flood, as it's 'man made' (largely by China)

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