China condemns EU investigation into subsidies paid to EV makers across Europe

China condemns EU investigation into subsidies paid to EV makers across Europe

China issued a stinging rebuke to the European Union Thursday in response to an investigation launched this week into alleged lucrative subsidies paid to Chinese electric vehicle makers throughout Europe.

"They Are Afraid Of Competition": China Responds To EU Investigation Into EV Subsidies

"They Are Afraid Of Competition": China Responds To EU Investigation Into EV Subsidies China has responded to the EU's plans to investigate EV subsidies, as we first wrote about earlier today.  Chinese state mouthpiece The Global Times published a rebuttal late on Wednesday, claiming that the EU's probe would likely "backfire" and that the EU's economy would suffer as a result.  The publication said that "...as the EU wields trade protectionist…