With the geopolitical landscape turning more unstable by the day, EU relations with China are also becoming increasingly turbulent. At the core of the rising tensions lies the quest for tech supremacy as well as economic and national security.
“In a world powered by technology, those who lead are those who control the most critical technologies, and their supply chains,” EUcompetition chief Margrethe Vestager said during a speech on Tuesday.
With cleantech one of the critical technologies for the bloc, Vestager also announced a new round of investigations into Chinese producers of wind turbines destined for wind parks in Spain, Greece, France, Romania, and Bulgaria.
The reason behind the probes are concerns over unfair competition as a result of foreign subsidies that provide non-European manufacturers with a trade advantage. For instance, industry lobby WindEurope estimates that Chinese wind turbines are up to 50% cheaper than their alternatives made inside the bloc.
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Source : The Next Web