EU unveils "Buy European" procurement rules to counter cheap Chinese bids
The EU is about to make it much harder for Chinese firms to win European public contracts, which is good for European industry and bad for Chinese exporters.
- New procurement rules land on the 9th, using the EU's €2.5 trillion public-contract market as an economic weapon.
- Governments would have to force suspiciously cheap bidders to explain their prices, and throw them out if they can't.
- The rules never name China, but Brussels has long accused Beijing of subsidising its firms and choking off critical minerals.
- Contracts touching key infrastructure, supply chains, and technology get judged on security too, including spying and cyber attack risk.
- It follows an earlier EU law with local-content rules that Beijing already called discrimination.
Outlook: Expect a sharp reaction from Beijing and more friction as EU-China trade tensions keep building.