China expenses concerns over EU commission probes
China has expressed strong concerns following the recent announcement by the European Commission to launch a probe into a Chinese train manufacturer's alleged subsidy issues in its bid for a project in Bulgaria, the Ministry of Commerce said on Thursday.
China calls on the European Union to strictly abide by the rules of the World Trade Organization and respect market principles while exercising caution in the use of Foreign Subsidies Regulations, said He Yadong, the ministry's spokesman, at a news conference in Beijing.
The EU should conduct the investigation openly and transparently to provide a fair and non-discriminatory business environment for Chinese enterprises, to maintain the overall China-EU economic and trade cooperation, He added.
Brussels initiated an in-depth investigation into CRRC Qingdao Sifang Locomotive - the world's largest rolling stock manufacturer, on the grounds of alleged subsidy distortion of the EU single market in mid-February.
Related articles
- VALLETTA, Malta (AP) — Malta’s former prime minister, Joseph Muscat, and other top officials are to2024-05-29
Bank of England edges closer to rate cut, possibly in June, as it predicts below
LONDON (AP) — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% t2024-05-29Simone Biles wants to turn her post
Simone Biles is bringing back her Gold Over America Tour this fall, with a twist.This time, the guys2024-05-29Europe Day: Celebrations stay humdrum as all eyes on crucial EU election
BRUSSELS (AP) — The European Union marks its annual Europe Day on Thursday, but instead of the humdr2024-05-29- Will Smith posed with Martin Lawrence at the premiere of Bad Boys: Ride Or Die in Berlin on Monday.2024-05-29
Amnesty urges FIFA to release compensation review for Qatar World Cup migrant workers
FIFA came under pressure on Thursday to publish a long-awaited review into compensation for workers2024-05-29
atest comment