Foreign Media: EU Launches Subsidy Investigation into Chinese Wind Power Manufacturer Goldwind Technology.

The European Commission has launched an in-depth investigation into the Chinese wind turbine manufacturer Goldwind Technology, based on the Foreign Subsidies Regulation. The move aims to assess whether subsidies from the Chinese government have unfairly enhanced the company's competitive position in the European market.

The European Commission stated that preliminary investigations found "indications" that Goldwind Technology may have received foreign subsidies, which could distort fair competition in the EU internal market.

The Foreign Subsidies Regulation (FSR) was adopted in July 2023 and has since been frequently used against Chinese companies, especially in industries such as railway vehicles, solar energy, and security equipment. Additionally, a preliminary investigation into BYD's manufacturing base in Hungary is also ongoing.

Original: toutiao.com/article/1856182892753416/

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