BEIJING: Beijing accused the European Union on Wednesday (Feb 4) of taking “discriminatory” measures after the bloc opened an investigation into Chinese language clear vitality large Goldwind over issues the agency unfairly benefited from state subsidies.
Goldwind is without doubt one of the world’s largest wind turbine suppliers, and is seeking to increase progress abroad, bringing it into competitors with Western corporations.
The European Fee, the EU’s competitors regulator, introduced the probe on Tuesday, saying a preliminary investigation had discovered the Chinese language agency “could have been granted overseas subsidies that distort the inner market” of the 27-nation bloc.
China’s overseas ministry mentioned Wednesday the probe amounted to protectionism and threatened future Chinese language investments in Europe.
“The EU’s frequent use of unilateral commerce instruments and its discriminatory and restrictive measures towards Chinese language corporations ship protectionist indicators,” overseas ministry spokesman Lin Jian advised an everyday press convention.
The probe would additionally “have an effect on the boldness of Chinese language corporations in investing in Europe”, he added.
Brussels has mentioned the opening of an in-depth investigation doesn’t prejudge its consequence.
But when its competitors issues had been to be sustained, the fee might settle for cures proposed by the corporate or impose redressive measures.
China now dominates the worldwide wind sector when it comes to whole put in capability, aided over time by beneficiant subsidies from Beijing and fast progress within the huge home energy market.
