Ministry, experts decry EU's subsidy raid on Chinese firm

The European Union's protectionist measures against Chinese companies may not only jeopardize bilateral business ties but also prove counterproductive, analysts said on Thursday.

The comments followed their review of Tuesday's news that the European Commission had launched a sudden and unexpected investigation of a Chinese company in the Netherlands and Poland over the so-called subsidies issue.

This is the European authorities' fifth subsidy-related action against Chinese enterprises since February.