China protests EU's investigation of subsidies in green industries, calling the move protectionist

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European Union News

Margrethe Vestager,Commerce Ministry,China

BEIJING (AP) — China has accused the European Union of protectionism and “reckless distortion” of the definition of subsidies in response to a new EU...

BEIJING — China has accused the European Union of protectionism and “reckless distortion” of the definition of subsidies in response to a new EU investigation into Chinese wind turbine makers.

The investigation opened by the European Union on Tuesday is the latest against Chinese companies announced in the past two months under a new EU regulation.The investigation will look into whether Chinese subsidies are giving wind turbine companies an unfair advantage in the competition for projects in five member countries: Spain, Greece, France, Romania and Bulgaria.

“This action sends a detrimental signal to the world, suggesting discrimination against Chinese enterprises and endorsing protectionism,” the China Chamber of Commerce to the EU said in The EU also launched an investigation last October into Chinese subsidies for electric vehicles as exports from China to Europe rise.

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Margrethe Vestager Commerce Ministry China Chinese Companies Wind Turbine The Investigation Competition Environment Chinese Trade

 

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