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Foreign-subsidy rules don't discriminate, EU regulator says in response to Chinese probe

By Oscar Pandiello and Tono Gil ( July 10, 2024, 15:40 GMT | Insight) -- The EU's rules to fight unfair foreign subsidies don't specially target China, as companies are exposed to being probed "regardless of their seat or nationality," the European Commission insisted today. It was responding to an investigation announced by the Chinese government today into the EU's Foreign Subsidies Regulation, Beijing sees Chinese companies as the targets of discrimination, citing several probes and raids this year.The EU's rules to fight unfair foreign subsidies don't specially target China, as companies are exposed to being probed "regardless of their seat or nationality," the European Commission insisted today....

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