EU wants to open China’s market for procurement

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.

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