China pushes EU capitals to scrap 'Made in Europe' law or face retaliation
China is urging EU member states to revise the proposed 'Made in Europe' legislation, warning it will take countermeasures if the law is adopted as currently drafted. The European Union's Industrial Accelerator Act aims to prioritize European-made goods in strategic sectors and impose conditions on foreign investments over €100 million. While some EU countries support stricter local content rules, others are concerned about rising costs and strained international cooperation.
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