#subsidies
EU Moves to Address the Chinese EV Subsidies, But More Needs to Be Done
Chinese electric vehicles present a mounting challenge to the European automotive industry. EU Commission President Ursula von der Leyen announced that the EU will initiate an anti-subsidy investigation, but imposing tariffs could lead to a trade war and will not work without also addressing the competitiveness of European producers.
The European Foreign Subsidies Regulation: Effective Means of Protecting Strategic Infrastructure or an Investment Impediment?
The European policy discourse is shifting away from economic openness to emphasizing security concerns in the context of Chinese stakes in strategic infrastructure. The European Foreign Subsidies Regulation is another piece of the puzzle that could change the balance of power between the EU institutions and national governments. While the mechanism promises to bring a more cohesive handling of Chinese bids for public contracts and M&A transactions buttressed by subsidies, it could also spark tensions within the EU.