Subsidy examinations begun by the European Union disrupt the equally helpful cooperation in between China and Europe, and China resolutely opposes them, a Chinese commerce ministry authorities stated.
Wong Yu Liang|Moment|Getty Images
Subsidy examinations begun by the European Union interfere with the equally helpful cooperation in between China and Europe, and China resolutely opposes them, a Chinese commerce ministry authorities stated.
The authorities, who was not determined in a declaration launched by the department on Thursday, thinks the probes released by the European Union up until now are all targeted at Chinese brand-new energy-related business, which will seriously harm the self-confidence of its companies in performing financial investment and trade cooperation in the EU.
The remarks originated from the head of the Trade Remedies Bureau of the Chinese Ministry of Commerce in a conference with Martin Lukas, director general of the trade defense department of the European Commission, in Brussels, according to the declaration.
In the most current relocation including China, the European Union stated it would examine aids gotten by Chinese providers of wind turbines predestined for its nations.
The Chinese commerce authorities stated it would be the 4th examination started by the European Union in the previous 2 months utilizing foreign aids legislation versus Chinese business.
The authorities likewise stated in the course of the examinations, the EU “wantonly distorted the definition of subsidies, and the procedural standards were not open and transparent, which is a protectionist act that harms the level playing field in the name of fair competition.”
On Tuesday, EU competitors chief Margrethe Vestager stated the Commission was examining the conditions for wind park advancement in Spain, Greece, France, Romania and Bulgaria, without offering additional information about why these nations in specific were highlighted.
