EU wants to open China’s market fo • Table.Briefings

It could soon become more uncomfortable for Chinese companies in the EU when it comes to public construction, supply, and service contracts. Brussels wants to put a stop to cheap offers from the People’s Republic with new EU regulations. The rules are also intended to make China open up its own procurement market more to Europeans. But whether that will work is questionable.

Chinese companies are grabbing public construction contracts for giant bridges in Croatia, but in the People’s Republic, EU companies are not even allowed to bid on similar projects. This is exactly what the „International Procurement Instrument“ (IPI) is supposed to change. With the new EU regulation, the Commission wants to break up the Chinese procurement market. At the same time, it wants to put low-cost bids from China at a disadvantage in public tenders.

EU wants to open China’s market for procurement

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