Skip to content

US, EU Aim to Hit Back at Non-Market Policies With Eye on China

  • Draft statement in preparation for US-EU talks next month
  • Cooperation focuses on medical devices, government funds

The US and the European Union aim to work together to counter what they call non-market policies, including in China, according to a draft statement ahead of high-level talks due in Washington next month.

The two sides will pledge to explore which policy tools could tackle the threat posed by such practices, including in the medical devices sector in China, as well as through certain government-controlled investment funds, says the draft, which was obtained by Bloomberg News and is subject to change as discussions on the text continue.