In the News: Compliance Challenges in EU; Chinese Drug Procurement Rules Reforms; and Cross-Border ETFs

China’s self-driving cars need to adapt to EU tech compliance regulations | Winning bids for drug procurement contracts to be kept confidential as regulators aim to balance competition and sustainability | China adds U.S.-linked ETFs in latest expansion of cross-border ETF Connect program

By CLP staff

Chinese Self-Driving Cars in Europe a Double-Edged Sword

As the U.S. imposes tough restrictions on Chinese AI and data-driven technologies, Chinese self-driving car manufacturers are pivoting to Europe—a shift which could bring opportunities and risks to the region, ThinkChina reports.

Chinese startups from Pony.ai to WeRide and Baidu’s Apollo are expanding their trials and partnerships across European cities while the European Union commits to large-scale autonomous integration by 2030 in the European Commission’s mobility strategy.

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