Opinion: EU's Industrial Accelerator Act: a protectionist gamble with high price tag
The EU has long argued that multilateralism and rules-based trade are essential for sustainable growth. It is time for the bloc to apply that principle to its own policies.
by Xinhua writer Zhang Zhaoqing
BRUSSELS, March 6 (Xinhua) -- The European Commission unveiled its long-delayed and deeply controversial Industrial Accelerator Act (IAA) on Wednesday. Billed as a hard-nosed am