EU's Foreign Subsidies Probe Sparks Tensions with China
The European Union's Foreign Subsidies Regulation has negatively impacted Chinese firms' investments and business operations within the bloc, sparking strong opposition from China. Beijing's commerce ministry has urged the EU to halt what it considers unreasonable pressure on foreign companies, particularly targeting those from China.
- Country:
- China
The European Union's Foreign Subsidies Regulation investigations have significantly disrupted Chinese firms' investments and business operations within the bloc, drawing sharp criticism from China.
Beijing's commerce ministry openly opposes these regulations, highlighting the adverse effects on Chinese companies operating in Europe.
During a regular press briefing, He Yadong, a spokesperson for the ministry, called for the EU to immediately end its "unreasonable suppression" of foreign companies, focusing on the negative impact faced by Chinese enterprises.
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