Reported 12 months ago
A 712-page report released by the European Commission detailed the various subsidies provided by the Chinese government to domestic firms, particularly in the electric vehicle (EV) sector. The report highlights support for state-owned enterprises, Communist Party control over these firms, extensive EV support programs, and the influence of state-owned credit rating agencies. This report serves as crucial evidence for anti-subsidy investigations and signifies the EU's commitment to addressing Chinese interference in its economy.
Source: YAHOO