China Imposes Trade Restrictions on European Medical Devices
Reading
China has made a new rule. It will stop some European sales to the government. This is because of new rules from the European Union.
The rule is about money spent on items. It is for budgets more than 45 million yuan. European companies in China are not affected by this.
China also put taxes on European brandy. This includes brandy made in France. China and the EU have many trade problems now.
The EU said Chinese companies cannot sell over 5 million euros. This is for government buying. The EU wants China to stop unfair rules against EU companies.
China said it must do things to fight back. They want to talk to the EU about these problems. China said the EU did not listen and made new trade barriers.
Questions
What new rule did China make?
China will stop some European sales to the government.
What is the budget limit mentioned in the rule?
The budget limit is more than 45 million yuan.
What does the EU want from China?
The EU wants China to stop unfair rules against EU companies.
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