Cutting off the Cash Flow: EU Snubs Chinese Firms from Million-Euro Medical Tender Bids
EU Denies Contracts to Chinese Companies
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In light of the EU's decision to bar Chinese firms from medical tender bids, the European Union's community policy may be revised to strengthen procurement rules. The science and medical-conditions sectors could potentially be impacted by this industry-wide reform, leading to changes in both the finance and business aspects of the EU's medical industry. Employment policies within the EU may also need to address the potential job losses or creation due to these changes in tender rules.
