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Image header Agence Europe
Europe Daily Bulletin No. 13746
Contents Publication in full By article 21 / 33
EXTERNAL ACTION / Trade

Unfair foreign subsidies – European Commission opens new investigation against Chinese company CRRC

On Wednesday 5 November, the European Commission announced that it was launching an in-depth investigation under its Unfair Foreign Subsidies Regulation (‘FSR’) into a subsidiary of the Chinese state-owned companyCRRC, which had bid for a Portuguese public contract to supply metro trains.

Portugal CRRC Tangshan Rolling Stock Unipessoal, a subsidiary of CRRC, notified the Commission, in accordance with the FSR Regulation, that it had received foreign subsidies when bidding for the...

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