China is protesting the EC’s investigations against companies in the mediate East

liderzyinnowacyjnosci.com 1 month ago

The Chinese Ministry of Commerce powerfully criticised the European Commission's actions towards Chinese companies, accusing Brussels of bias and discrimination in investigations under abroad subsidies legislation. The ministry spokesperson announced that Beijing would defend the interests of its companies.

The Chinese organization noted that the European Commission has late been intensively investigating Chinese companies under the abroad Subsidies Regulation (FSR), conducting accurate investigations against the CRRC Group and NUCTECH Company, and even abrupt checks on Chinese digital platforms. specified action is unfair, showing clear bias and discrimination. The Chinese side is so powerfully opposed," stated the spokesperson for the Ministry of Hanglu China, He Yadong, on 18 December.

The Chinese side hopes that the EU will immediately halt the irrational suppression of abroad businesses, including China, and will usage the FSR investigative tool carefully to make fair, fair and predictable economical conditions in Europe for companies investing and operating. The Chinese side closely follows EU action and will take the essential steps to firmly defend the legal rights and interests of Chinese companies," added the spokesperson.

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