China Raises ‘Serious Concerns’ With EU Wind Power Subsidy Probe

China criticized the European Union’s in-depth probe into subsidies for Chinese wind power companies, calling the move protectionist and vowing it would take action to protect the country’s interests.

Beijing expressed “serious concern” and “strong dissatisfaction” with the investigation, saying it lacked sufficient evidence and overgeneralized the concept of “foreign subsidies.” The probe would undermine Chinese companies’ confidence in investing in Europe, the Ministry of Commerce said in statement on Wednesday.