April 25, 2024 5:39 PM

EU launches probe into China’s medical device procurement practices

The European Commission has launched an investigation into China's alleged practice of favoring domestic companies in tenders for medical devices. This move comes amid longstanding grievances from the European Union (EU) regarding discriminatory practices that hinder European companies from accessing China's lucrative medical device market. Brussels has long accused Beijing of employing distorting and discriminatory practices, including stringent certification processes, opaque approval systems...