Hey fam, big news in the biz world 🌏💼—China has officially fired back at the European Commission’s recent investigations into Chinese firms under the EU’s new Foreign Subsidies Regulation (FSR).
On Thursday, China’s Ministry of Commerce spokesperson He Yadong called the probes “clearly discriminatory and targeted.” The EU’s FSR, rolled out this year to curb unfair state-backed subsidies from outside the bloc, is now looking into giants like China Railway Rolling Stock Corporation (CRRC) and Nuctech, plus surprise inspections of Chinese digital platforms.
China urges the EU to hit pause on what it calls “unreasonable suppression” of overseas firms and warns it’s watching closely. “We will take all necessary measures to safeguard the legitimate rights and interests of Chinese enterprises operating within the EU,” He added.
For startups and digital creators across South and Southeast Asia, this clash highlights the growing importance of a level playing field in global trade. Fair competition isn't just a headline—it's what keeps apps, gadgets, and green-tech innovations flowing across borders. Stay tuned as tensions unfold, and let us know what you think in the comments! 👇
Reference(s):
China strongly opposes EU's intensive probes into Chinese firms
cgtn.com
