China opens investigation of EU-imposed trade barriers
Brussels has previously looked into Beijing’s support for domestically produced trains, solar panels and electric cars. The EU also wants to reduce its dependence on Chinese technology.
Beijing’s Ministry of Commerce said Wednesday it is launching a probe into European policies in an apparent retaliation for recent EU probes of Chinese companies.
“The Ministry of Commerce will conduct a trade and investment barrier investigation into the relevant practices adopted by the EU in its investigation of Chinese enterprises,” the ministry said on its website.
The investigation, which will run until at least January 2025, comes after a complaint made by the national Chamber of Commerce for importing and exporting machinery and electronics. The inquiry will focus on the EU’s practices in its investigations of Chinese companies under the Regulation on Foreign Subsidies Distorting the Internal Market of the European Union.