Indonesian Political, Business & Finance News

Xi Jinping Anxious as "Made in China" Could Soon Disappear from Europe

| Source: CNBC Translated from Indonesian | Trade
Xi Jinping Anxious as "Made in China" Could Soon Disappear from Europe
Image: CNBC

Jakarta, CNBC Indonesia - China is beginning to face threats from the European Union’s (EU) plans to strengthen the bloc’s industries. The bloc, consisting of 27 countries, is now devising strategies to compete with “made in China” goods and replace them with “made in Europe”. In the latest AFP update, China vows to take retaliatory action if the plan is implemented. Previously, the “Made in Europe” rules released in March require companies seeking access to public funds in strategic sectors including automobiles, green technology, and steel to meet minimum thresholds for EU-made components. The proposal has actually been delayed for months despite approval in March. This is a key part of the EU’s efforts to regain its competitive edge, reduce industrial decline, and prevent hundreds of thousands of job losses. Through the Ministry of Commerce, China stated that it had submitted comments to the European Commission on Friday, expressing Beijing’s “serious concerns”. The EU’s actions are described as “systemic discrimination”. “If the European Union… continues with this legislation, thereby harming the interests of Chinese companies, China will have no choice but to take retaliatory measures to firmly protect the legitimate rights and interests of its companies,” the Ministry of Commerce warned in a statement on Monday (27/6/2026). In fact, European businesses in many sectors affected by the proposal have long complained that they face unfair competition from Chinese rivals receiving massive subsidies. The rules, officially known as the Industrial Accelerator Act, implicitly target Chinese battery and electric vehicle producers by requiring foreign companies to partner with European firms and transfer technological knowledge when establishing operations in the bloc. The China Chamber of Commerce to the EU stated this month that the plan marks a shift towards protectionism. It added that this will affect trade cooperation between the EU and China.

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