China has expressed “grave concern” over raids carried out by European officials on a Chinese company that manufactures security equipment.
EU competition regulators on Tuesday raided offices of Chinese company Nuctech in the Netherlands and Poland as part of a probe into unfair state subsidies.
“The Chinese side believes that the EU’s unannounced inspections interferes with the order of fair competition in the market, clearly jeopardises the positive atmosphere of trade and economic cooperation between China and the EU, and strikes a strong shock to the confidence and sense of security of all foreign companies in the EU, including Chinese ones,” the mission said.
The EU should “abide by its commitment to open market and the principles of a level playing field, and stop using all kinds of excuses to unreasonably suppress and impede the Chinese companies,” the mission added, expressing hopes for cooperation and exchanges in an “open, fair and equitable way”.
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