‘Discriminatory’: Chinese firms protest as EU steps up anti-subsidy probes
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Chinese business group warns of a ‘targeted and excessive’ campaign as Brussels raids one firm and launches fresh probe against another.

A Chinese business group has urged the European Union to halt its “discriminatory and disproportionate” use of anti-subsidy probes to target Chinese companies, as Brussels steps up its scrutiny of firms allegedly receiving unfair state subsidies. The EU launched an in-depth foreign subsidy regulation (FSR) investigation against the Chinese security firm Nuctech on Thursday, just days after Brussels reportedly raided the Chinese-invested e-commerce platform Temu’s European headquarters in Dublin…

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