Chinese officials criticize EU's subsidy investigations, claiming they disrupt China-Europe cooperation and may harm Chinese firms' confidence.
Chinese officials criticize EU's subsidy investigations, claiming they disrupt China-Europe cooperation and may harm Chinese firms' confidence in investing and trading in Europe. The EU has updated its report on state-led distortions in China's economy, adding new sectors, which may lead to anti-dumping complaints from EU chip and clean-tech producers and increased tariffs. China opposes the investigations, accusing the EU of protectionism and discrimination.
April 10, 2024
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