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China Critiques EU Probes
- China's Ministry of Commerce condemned EU investigations into Chinese companies as discriminatory, criticizing Foreign Subsidies Regulation probes targeting Nuctech and China Railway Rolling Stock Corporation (CRRC).
- The ministry said these investigations undermine Chinese investments in Europe and estimated losses of €2.1 billion (US$2.46 billion) for Chinese firms.
- It cited insufficient evidence and lack of transparency in EU enforcement, noting these problems have worsened in recent months.
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