
The European Union has unveiled new “Made in Europe” regulations to help bolster its manufacturers in the face of competition, including from China. While the bloc’s industry chief has heralded the move as a major shift in economic doctrine, it risks fuelling criticism from Beijing over perceived protectionism.
“What I am presenting you today is more than just a change in procedures, it is a change in doctrine,” European Commission vice president for industrial strategy, Stephane Sejourne, told a press conference in Brussels.