Chinese companies pull out of solar projects after EU launches subsidy probe scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
Chinese-linked firms targeted as EU launches probes into solar subsidies scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
A Chinese company abandoned a €610 million ($660 million) Bulgarian railway tender after a probe of the deal was opened by European Union regulators, who hailed the withdrawal as a boost to economic security, reports Caixin. CRRC Qingdao Sifang Locomotive Co. Ltd. withdrew from the invitation to supply and maintain 20 electric trains, the European…
In a significant development, a Chinese train manufacturer has opted out of a €610 million ($660 million) Bulgarian railway tender following the launch of an investigation by the European Union (EU) into a bid alleged to undercut local firms