Tai: U.S. to watch ‘with interest’ EU probe into Chinese procurement practices
The U.S. will be watching “with interest” the European Union’s newly launched investigation into Chinese procurement practices for medical devices, U.S. Trade Representative Katherine Tai said on Wednesday, calling the bloc’s new procurement instrument a tool that has the potential to help tackle “unfair” Chinese policies. The European Commission earlier on Wednesday announced the first investigation under its International Procurement Instrument, which was established in 2022. Brussels said the probe will assess “measures and practices in the Chinese procurement market...