China launches investigation in response to EU probes of solar, wind power and other products
China’s Commerce Ministry has announced it will launch an investigation into whether unfair trade practices were adopted by the European Union in its probe of Chinese companies
BEIJING (AP) — China announced an investigation Wednesday into whether the European Union has adopted unfair trade practices in its probes of Chinese companies bidding on projects in the 27-nation bloc. The move is the latest in a brewing trade war between the two economic giants.
The investigation will focus on wind power, photovoltaics, security equipment and electric trains, the Chinese Commerce Ministry said.
The EU has used a new regulation to investigate companies bidding for projects within the European Union. These include a probe into whether Chinese subsidies give wind turbine companies an unfair advantage in the competition for projects in Spain, Greece, France, Romania and Bulgaria.
China accused the European Union of protectionism and “reckless distortion” of the definition of subsidies in response to that investigation. The EU has also investigated Chinese companies bidding for a 455-megawatt solar park in Romania and for the procurement of 20 electric trains in Bulgaria.