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Siemens Healthineers does not expect China restrictions to affect business
Published by Global Banking & Finance Review®
Posted on July 7, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 7, 2025
1 min readLast updated: January 23, 2026
Siemens Healthineers does not foresee any business impact from China's new restrictions on EU medical device purchases, citing a strong local presence.
MUNICH (Reuters) -Siemens Healthineers does not expect the current developments in China to have a material impact on its business, a spokesperson for the German medical technology group said on Monday.
"Our strong presence in China is part of the global manufacturing footprint we have built up over the years to strategically serve local markets and ensure minimal disruption," the spokesperson said in a statement.
China's finance ministry said on Sunday it was restricting government purchases of medical devices from the European Union that exceed 45 million yuan ($6.3 million) in value, in retaliation to Brussels' own curbs last month.
(Reporting by Alexander Huebner, Writing by Miranda Murray, Editing by Rachel More)
Siemens Healthineers does not expect the current developments in China to have a material impact on its business.
China's finance ministry stated it was restricting government purchases of medical devices from the EU that exceed 45 million yuan in value, as retaliation to Brussels.
The company emphasizes that its strong presence in China is part of a global manufacturing footprint designed to strategically serve local markets and ensure minimal disruption.
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