China Foreign Ministry Reacts to Europe's Allegations of Economy Distortions
Thursday, 11 April 2024, 08:57
China Protests Europe's Allegations
The recent clash between China and Europe has intensified over allegations of economy distortions brought up in a new anti-subsidy probe. The focus has been on state subsidies, notably impacting the windpower industry.
State Subsidies Under Scrutiny
State subsidies are in Brussels' crosshairs, particularly affecting the world's largest windpower producer. This calls into question the global demand for clean power solutions. The ongoing tension between the two economic powerhouses continues to shape the dynamics of the international market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.