China protests EU investigation of subsidies in green industries
Briefly

China accuses the European Union of protectionism and 'reckless distortion' of subsidy definitions in response to an investigation into Chinese wind turbine makers. This accusation was framed as a hindrance to fair competition by China's Commerce Ministry.
The EU initiated an investigation into Chinese subsidies to determine if wind turbine companies have an unfair advantage in member countries. This scrutiny is part of recent actions against Chinese firms under new EU regulations to maintain competition fairness.
Margrethe Vestager, the EU commissioner for competition, emphasized the utilization of available tools in addressing concerns about Chinese subsidies. The investigation targets wind turbine projects in Spain, Greece, France, Romania, and Bulgaria for compliance verification.
Read at euronews
[
add
]
[
|
|
]