On Thursday 9 January, the Chinese Ministry of Commerce concluded that the European regulation against unfair foreign subsidies (FSR) constituted an obstacle to trade and investment. Its judgement is based on the results of an investigation opened in July 2024 (see EUROPE B13450A23). Since the regulation was implemented, no fewer than four Chinese companies or groups have been targeted by Commission investigations. However, no restrictive decision has yet been taken against them.
The...