Overview
- European Commission officials opened an in-depth investigation this week under the EU’s 2023 Foreign Subsidies Regulation.
- Preliminary findings indicate Goldwind may have received overseas support that could distort competition within the EU market.
- Foreign ministry spokesman Lin Jian criticized the move as protectionist and warned it could weaken Chinese companies’ confidence to invest in Europe.
- China’s commerce ministry alleged insufficient evidence and poor transparency, calling the case targeted and vowing to take necessary measures to protect Chinese firms.
- Goldwind is a leading global turbine supplier as China’s wind sector benefits from a vast home market and years of domestic subsidies.