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China launches investigation in response to EU probes of solar, wind power and other products

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Beijing, Jul 10 (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.

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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.

The Chinese investigation will be completed before January 10, with a possible extension of three months to April. It was requested by China’s Chamber of Commerce for Import and Export of Machinery and Electronic Products.

The EU imposed provisional tariffs on China-made electric vehicles last week over subsidies that it alleges gives an unfair advantage to automakers exporting from China. In response, China has launched an investigation into European pork exports.

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Both the EU and the United States are worried that inexpensive Chinese automobiles could overwhelm their domestic producers and lead to factory layoffs. Chinese auto exports have risen about 30 per cent in the first six months of this year. (AP)

 

 

 

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The Hills Times
The Hills Timeshttps://thehillstimes.in/
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
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