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International Business Times UK
International Business Times UK
World
Bernadette B. Tixon

EU's 'Buy European' Plan Could Bar Chinese Bids but Keep UK Firms in €2.6tn Market

EU launches ‘Buy European’ plan, curbing China access (Credit: frimufilms/Magnific)

Brussels wants public money spent closer to home, and it has just proposed the tools to make that happen.

The European Commission published a sweeping overhaul of the EU's public procurement rules on Wednesday, giving national authorities, including schools and hospitals, new tools to favour European suppliers over rivals from countries such as China.

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