Global investors are paying close attention to U.S.-China trade tensions this week. Tensions are simmering as Washington and Beijing accuse each other of undermining last month’s agreement–and officials hint of a possible phone call between U.S. President Donald Trump and Chinese President Xi Jinping this week.
But the U.S. isn’t Beijing’s only headache. On Monday, members of the European Union voted to block Chinese companies from bidding for public procurement tenders for medical devices for contracts valued over 5 million euros ($5.7 million) for the next five years.
