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US, Chinese business associations concerned about EU’s clean industry plan

By Cynthia Kroet ( March 5, 2026, 11:51 GMT | Insight) -- Business associations in both the US and China are concerned about the European Commission's newly published clean industry proposal, claiming it will make market access more difficult for their businesses and their EU partners. Under the Industrial Accelerator Act, companies from countries outside the EU will need to meet specific criteria to be eligible to benefit from EU public money, in a bid to reduce the bloc's dependencies on other countries.Business associations in both the US and China are concerned about the European Commission's clean industry proposal published on Wednesday, claiming it will make market access more difficult for their businesses and their EU partners....

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