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China Decries EU “Industrial Accelerator” Act, Threatens Retaliation

4/28/2026

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Story summary
  • China condemned the EU’s Industrial Accelerator Act on Monday and warned of countermeasures.
  • “Made in Europe” rules require firms receiving EU funds for cars and steel to use EU parts.
  • The act forces Chinese battery and EV makers to partner with European firms and share technology.
  • Beijing’s Commerce Ministry called the act “systemic discrimination.”
  • The EU Chamber of Commerce warned the plan signals protectionism that could harm EU-China trade.