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China Opposes the European Investigation and Threatens: MediaMarkt, Saturn, Fnac Darty
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In May, the European Commission opened an in-depth investigation under the European Regulation on Foreign Subsidies, suspecting that JD.com had benefited from preferential financing, tax advantages or Chinese subsidies that could distort competition in the European market. However, on 19 August, Beijing decided to intervene in the case. The Chinese authorities asked organisations and individuals under their jurisdiction not to cooperate with cer…
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