EU Moves to Prioritize European Firms in Hi-Tech Contracts to Counter China’s Dominance

EU Moves to Prioritize European Firms in Hi-Tech Contracts to Counter China’s Dominance

The European Union is poised to introduce a‌ bold⁣ new strategy aimed at ‍bolstering ‌its technological ⁤and industrial competitiveness. Sandwiched between US President Donald‍ Trump’s‍ “America ⁤First” policies and China’s heavy incentives for‌ domestic⁤ producers, ⁣the⁢ EU is set to propose ‌preferential treatment for its own companies in bidding for hi-tech contracts. This move, part … Read more