EU Intensifies Scrutiny of Chinese Firms with Raids and Probes

The European Union's aggressive enforcement of new anti-subsidy regulations targets Chinese companies, raising tensions ahead of diplomatic visits.

EU competition officers conducted raids on Chinese firm Nuctech, seizing IT equipment and scrutinizing financial data.
The raids are part of a broader EU strategy to address market distortions caused by foreign subsidies, particularly from China.
Chinese businesses express concerns over compliance with EU demands, fearing contravention of Chinese law.
The EU's new International Procurement Instrument probes Chinese medical devices, seeking reciprocity in market access.
Tensions escalate with recent spying arrests in Germany, adding complexity to EU-China relations.