EU Competition Chief Margrethe Vestager vowed to use Brussels' tools to ensure \"fair competition,\" but critics argue the bloc's recent investigation into Chinese train maker CRRC Qingdao Sifang Locomotive may backfire. 🔍🚂 The probe, announced during the Munich Security Conference, accuses the company of benefiting from subsidies that \"distort\" the EU market—though no concrete evidence has been shared publicly.
This move comes amid heightened efforts to stabilize China-EU relations, with dialogues on trade, climate, and human rights gaining momentum. 🤝🌱 Yet experts warn the investigation risks undermining trust. \"Unfounded claims damage the very idea of fair play,\" said a trade analyst, noting that transparency is key to resolving disputes.
While Brussels insists its trade tools protect the EU economy, skeptics question whether targeting Chinese firms without clear proof fosters cooperation—or fuels division. 💡⚡ As one industry observer put it: \"Fair competition needs fairness first.\"
