In a world powered by technology, those who lead are those who control the most critical technologies, and their supply chains," EU competition chief Margrethe Vestager said.
Vestager announced new investigations into Chinese wind turbine producers for wind parks in EU countries due to concerns of unfair competition from foreign subsidies.
China dominates solar technology market, producing 80% globally with less than 3% of solar panels in EU made in Europe, raising concerns for tech supremacy battles.
EU characterizes China as a 'partner, economic competitor, and systemic rival,' focusing on de-risking its economy amid concerns over China's assertive actions and partnerships.
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