China's finance ministry has announced restrictions on government purchases of medical devices from the European Union. This action is in response to the EU's recent curbs on Chinese companies. Tensions between Beijing and Brussels are escalating.

China hit back at the European Union’s restrictions on its medical device makers while maintaining key exceptions, adding uncertainty to ties ahead of a high-stakes summit later this month.Most Read from BloombergTrump’s Gilded Design Style May Be Gaudy.