China hopes EU will strictly abide by WTO rules on investigation into CRRC


Reuters | Beijing | Updated: 22-02-2024 13:21 IST | Created: 22-02-2024 13:10 IST
China hopes EU will strictly abide by WTO rules on investigation into CRRC
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China's commerce ministry said on Thursday it hopes the European Union will strictly abide by WTO rules and conduct investigations in an open and transparent manner concerning its investigations into Chinese train maker CRRC over subsidies.

EU antitrust regulators last Friday used new tough rules to open an investigation into whether subsidies to Chinese train maker CRRC Qingdao Sifang Locomotive may give it an unfair advantage in a Bulgarian tender for electric trains.

 

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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