Quoted by CNN WOrld
The European Union’s (EU) investigations of Chinese enterprises have sparked an inquiry by the Chinese government into whether they amount to “trade barriers.”
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This action is in response to EU probes into Chinese state backing for the solar, wind, and electric vehicle (EV) industries, which led to the imposition of extra duties on Chinese imports.
The EU began looking into China’s state subsidies for solar panel and wind turbine suppliers earlier this year. New tariffs resulted from recently concluded investigations into Chinese electric vehicle subsidies. China believes that trade and economic interests could be harmed by these moves.
China’s Ministry of Commerce (MOFCOM) will look into any potential trade harm and/or violations of economic treaties caused by EU activities. Rail, photovoltaics, wind power, and security inspection equipment are among the industries being examined.
Beijing protests the EU tariffs vehemently and promises to take all necessary steps to safeguard its interests. China’s position on protecting its market is emphasized by recent retaliatory investigations into EU imports of brandy and pork.
In response to a request from an industry organization, MOFCOM is conducting an investigation that will involve hearings, questionnaires, and on-site inspections. It is scheduled to end on January 10.
