China Warns EU of Retaliation Over 'Made in Europe' Industrial Strategy

China has issued a stern warning to the European Union, signaling its readiness to retaliate if the EU proceeds with its "Made in Europe" industrial strategy. Beijing's Ministry of Commerce has formally communicated its "deep concerns" to the European Commission, labeling the proposed legislation as "systematically discriminatory." This move underscores the growing trade tensions between China and the EU, as the bloc seeks to bolster its domestic industries against what it perceives as unfair competition from Chinese manufacturers, particularly in strategic sectors like electric vehicles and green technology.

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Trung Quốc đã chỉ trích mạnh mẽ kế hoạch của Liên minh châu Âu (EU) nhằm tăng cường năng lực cho các ngành công nghiệp của khối trước sự cạnh tranh từ Trung Quốc, đồng thời cảnh báo Bắc Kinh sẽ có biện pháp đáp trả nếu kế hoạch này được thông qua.

The EU's "Industrial Acceleration Act," as it is officially known, aims to boost European industrial capacity by requiring companies seeking public funding to meet a minimum threshold of components produced within the EU. This policy is seen as a direct challenge to Chinese companies, especially those in the burgeoning battery and electric vehicle markets, which have benefited significantly from state subsidies. The proposed law also mandates that foreign companies cooperate with European firms and share technology to operate within the bloc, a provision that Beijing views as a violation of fair trade principles and an attempt to extract its technological advancements.

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Bộ Thương mại Trung Quốc đã gửi ý kiến tới Ủy ban châu Âu, bày tỏ "quan ngại sâu sắc" về đạo luật mà Bắc Kinh cho là "phân biệt đối xử có hệ thống".

China's response has been unequivocal. The Ministry of Commerce stated that if the EU pushes forward with the law, causing harm to Chinese businesses, Beijing will have "no other choice but to adopt retaliatory measures to resolutely protect the legitimate rights and interests of its enterprises." China is urging the EU to abandon discriminatory requirements related to foreign investment, localization, mandatory intellectual property and technology transfer, and public procurement restrictions. European businesses have long complained about facing unequal competition from heavily subsidized Chinese rivals, and the "Made in Europe" initiative is seen by many as a necessary step to level the playing field. However, China's strong reaction suggests that the EU's push for industrial self-sufficiency could lead to a significant trade dispute, potentially impacting broader cooperation between the two economic giants.

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Nếu EU vẫn thúc đẩy thông qua đạo luật này, qua đó gây tổn hại đến lợi ích của các doanh nghiệp Trung Quốc, Trung Quốc sẽ không còn lựa chọn nào khác ngoài việc áp dụng các biện pháp đáp trả nhằm kiên quyết bảo vệ quyền lợi hợp pháp của doanh nghiệp mình.