China has reacted strongly to the European Union's (EU) restrictions on medical device tenders. How will this affect global trade dynamics?

The Chinese Ministry of Commerce described the EU's decision as a "protectionist step" and stated that it would take firm measures to protect the rights of Chinese companies. This could lead to increased tensions in bilateral relations.

The EU Commission announced that Chinese companies would be excluded from tenders exceeding 5 million euros for medical devices. This decision aims to stop discrimination against EU companies by China.

China's relationship with the EU is a significant part of global competition, and such restrictions could deepen trade wars.

Ultimately, these developments may lead to the development of new strategies for both China and the EU. The shape of global competition remains a topic of interest.