China states EU subsidy probes interfere with China, Europe cooperation

China states EU subsidy probes interfere with China, Europe cooperation


Subsidy investigations began by the European Union interfere with the mutually valuable cooperation amongst China and Europe, and China resolutely opposes them, a Chinese commerce ministry official said.

Wong Yu Liang | Instant | Getty Photos

Subsidy investigations begun by the European Union interfere with the mutually beneficial cooperation between China and Europe, and China resolutely opposes them, a Chinese commerce ministry formal mentioned.

The formal, who was not determined in a statement introduced by the office on Thursday, believes the probes launched by the European Union so much are all aimed at Chinese new power-relevant enterprises, which will very seriously problems the self esteem of its firms in carrying out financial investment and trade cooperation in the EU.

The remarks arrived from the head of the Trade Therapies Bureau of the Chinese Ministry of Commerce in a meeting with Martin Lukas, director typical of the trade defense section of the European Fee, in Brussels, in accordance to the statement.

In the latest move involving China, the European Union explained it would investigate subsidies acquired by Chinese suppliers of wind turbines destined for its nations.

The Chinese commerce formal explained it would be the fourth investigation initiated by the European Union in the previous two months applying international subsidies legislation versus Chinese corporations.

The official also said in the system of the investigations, the EU “wantonly distorted the definition of subsidies, and the procedural standards were not open and clear, which is a protectionist act that harms the level playing field in the title of truthful competitors.”

On Tuesday, EU competition chief Margrethe Vestager stated the Commission was investigating the conditions for wind park development in Spain, Greece, France, Romania and Bulgaria, without the need of offering further information about why these international locations in distinct had been highlighted.



Resource

Global week ahead: Crunch time for trade talks as Trump’s deadline nears
World

Global week ahead: Crunch time for trade talks as Trump’s deadline nears

U.S. President Donald Trump speaks to the media during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters I think most would agree that the news cycle has been relentless for most of 2025, but certain stories do seem a […]

Read More
Are 2 to 3 cups of coffee a day too much? It’s complicated, experts say: ‘It’s different for each person’
World

Are 2 to 3 cups of coffee a day too much? It’s complicated, experts say: ‘It’s different for each person’

Two-thirds of Americans drink coffee every single day, according to data collected by the National Coffee Association in 2022, and the debate about how much is too much and whether or not any amount of caffeine is safe persists. But recent research shows that the answer is more complicated than you’d think. A Harvard study, that followed […]

Read More
Media trailblazer Tom Rogers changes ‘raging bull’ stance on Netflix, sees worrisome signs
World

Media trailblazer Tom Rogers changes ‘raging bull’ stance on Netflix, sees worrisome signs

Former NBC Cable President Tom Rogers is dialing back his bullishness on Netflix. The media trailblazer, who was a self-proclaimed “raging bull” on Netflix, told CNBC’s “Fast Money” this week he’s starting to worry — and listed competition with free content on YouTube as a headwind. “[Netflix] still [has] more hit shows than all the […]

Read More