The Commission of the European Union May Launch a Second Round of Scrutiny to ZTE
It’s reported that The Commission of the European Union is considering launching a second round of investigations into whether China is illegally subsidizing domestic wireless modem manufacturers.
Recently, Belgium-based modem vendor Option sued a number of Chinese manufacturers, alleging that some competitors such as ZTE are subsidized by the Chinese government, both directly and through state-owned banks. So the EU decided to launch an investigation.
Shenzhen Post staff Hanna contributes to the story
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