Protectionism results in lose-lose! China on EU’s discriminatory actions against Chinese EV firms

AFP: The EU today announced an inquiry into Chinese wind turbine suppliers in Europe. Several suppliers allegedly have accepted unfair subsidies and other forms of support from the Chinese government. The EU announced earlier investigations into solar PV, electric vehicles and other sectors in China. What’s your response? Mao Ning: Many in the world are deeply unsettled by the EU’s rising protectionist tendency. China is highly concerned over the EU’s discriminatory actions against Chinese companies and even the entire industries. China’s new energy sectors’ development is a result of our strong technology, robust market and full-fledged industrial chains. China’s exports of related products contributed significantly to the global response to inflation and climate change.  We hope the EU will not keep stressing the importance of fighting climate change on the one hand and yet damage the global efforts to deal with the issue on the other. Protectionism does not solve one’s own problems. Protectionism only protects backwardness. It costs the future and results in lose-lose. We urge the EU to observe WTO rules and market principles. China will firmly protect the lawful rights and interests of Chinese companies.  __________________ ShanghaiEye focuses on producing top-quality contents. Nobody knows SHANGHAI better than us. Please subscribe to us ☻☻☻ __________________ For more stories, please click ■ What’s up today in Shanghai, the most updated news of the city ■ Amazing Shanghai, exploring the unknown corners of the city, learning the people, food and stories behind them ■ What Chinese people’s lives are like during the post COVID-19 period ■ Views of foreign scholars on China and its affairs ■ Foreign faces in Shanghai, people living in this city sharing their true feelings ■ Mini-docs showing why China is the country it is today __________________ ☎Leave us messages if you have any suggestions or questions! Thank you!