euchina
Chinese security equipment manufacturer Nuctech is suing the European Commission over raids on its offices in the Netherlands and Poland at the end of April, claiming there is no proof that the company has received foreign subsidies that distort competition in the single market. "Nuctech has appealed to the General Court of the EU against the European Commission's decision to inspect Nuctech's offices on suspicion of breaching the EU's Foreign Subsidies Regulation," the partly state-owned company said in a statement on Tuesday (4 June). "Nuctech has also requested the General Court of the EU t...
Euronews (English)
For decades, the People's Republic of China has lavished domestic companies with public money to fulfill the long-term economic objectives established by the government. Among the current priorities is the development of Battery Electric Vehicles (BEVs), a sector that is fast expanding as nations transition towards climate neutrality. The European Union has historically enjoyed a strong position in the car-making industry, with member states like Belgium, Spain, France, Italy, the Czech Republic, Slovakia and Poland ranked among the top 20 largest exporters in the world. In Germany, the automo...
Euronews (English)
In the landscape of EU-China relations, European Commission President Ursula von der Leyen's doctrine of "de-risking, not decoupling" has become a central tenet. This approach underscores the European Union's lack of coherent strategy towards China — attempts to balance between engagement and safeguarding its interests while failing to address more comprehensively the scale of threats and challenges posed by the totalitarian regime. Furthermore, while de-risking itself seeks to foster a pragmatic stance on economic and diplomatic fronts, it's imperative to recognise certain sectors necessitate...
Euronews (English)
Governments have signed off on new legislation they hope will prevent the EU from falling behind the US and China in the race to corner the market for clean energy technology, and finally see carbon capture and storage (CCS) deployed at scale after decades of false starts. The Net Zero Industry Act (NZIA), formally adopted today (27 May) at a summit of agriculture ministers in Brussels, redirects EU funding, eases permitting delays, and dovetails with the new Critical Raw Materials Act intended to secure access to elements like lithium and rare earths. The law is a response to fears of investm...
Euronews (English)
Critics of Shein and Temu in the United States have already complained that they use an import tax exemption there to undercut rivals and avoid customs inspections of their products. Germany has recently revealed that it backs the scrapping of some EU import taxes, which could potentially see the winding up of tax breaks for cheap packages. This is because currently, parcels bought online from a country outside the EU are exempt from custom duties if their total value is under €150. These tax breaks have been crucial for Chinese online retailers such as Temu and Shein, allowing them to charge ...
Euronews (English)
Taiwan, the self-ruling, high-tech island that has become a flashpoint in the deepening rivalry between China and the West, has entered a new political chapter. Lai Ching-te, also known as William Lai, was this week inaugurated as president, succeeding Tsai Ing-wen, whose steady, soft-spoken leadership in the past eight years has been credited with redefining Taipei's approach to Beijing. Having served as vice-president during Tsai's second mandate, Lai has fashioned himself as an enabler of continuity, rather than a disruptor who comes to shake things up at a precarious time of growing geopol...
Euronews (English)
China has launched an "anti-dumping" investigation into chemical imports, in what appears to be a response to trade barriers introduced by the EU, the US and other countries. Polyoxymethylene copolymer, a plastic widely used in electronics and cars, is being sold at an unfairly low cost in China, therefore causing damage to domestic companies, said China's Ministry of Commerce. The investigation will focus on imports from the US, the EU, Taiwan and Japan, and could take up to 18 months to complete. Scholz’s visit to China: Balancing distance and diplomacy EU launches probe into Chinese solar p...
Euronews (English)
The international NGO interviewed Chinese and Hong Kong students studying in European universities, whose testimonies suggest that Chinese authorities' transnational crackdown is threatening freedom and democracy on European soil. The students say they were followed and photographed during demonstrations or protests, and monitored online. Their family members back home in China were also targeted and threatened by police because of their activism abroad. A total of 30 Chinese and 12 Hong Kong students were interviewed, based in universities in four EU member states - France, Germany the Nether...
Euronews (English)
Xi Jinping arrived in Europe earlier this week lugging some heavy economic baggage. With foreign direct investment into China plunging 82% to just $33 billion (€30.5bn) in 2023 — a three-decade low — one might have expected Xi's tour to be a full-fledged charm offensive aimed at wooing back skittish European investors and businesses. However, the authoritarian leader's trip was anything but charming. Rather than candidly address the headwinds battering China's economy and appease anxious trading partners, Xi doubled down on the same tone deaf tactics that have defined his authoritarian rule fo...
Euronews (English)
Der chinesische Präsident Xi Jinping ist am Mittwoch zum Abschluss seiner fünftägigen Europareise in Ungarn eingetroffen. Es wird erwartet, dass Xis Besuch zahlreiche Abkommen mit Ministerpräsident Viktor Orbán festigen und so Chinas regionalen wirtschaftlichen Einfluss weiter stärken wird. Dies steht im Gegensatz zur Haltung anderer EU-Länder, die versuchen, ihre Abhängigkeit von der zweitgrößten Volkswirtschaft der Welt zu verringern. Während seines Aufenthalts in Paris forderten der französische Präsident Emmanuel Macron und die Chefin der EU-Kommission, Ursula von der Leyen, Xi Jinping auf...
Euronews (German)
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