Chinese state-owned companies will continue to distort the EU market if foreign subsidies tool does not include goods

Brussels, 1 July 2022 – AEGIS Europe, an alliance representing over 20 key European manufacturing industries and companies, has welcomed the European Commission's proposal for an instrument to address foreign subsidies, which distort the Single Market. Our industries, from commodities to downstream products, perceive it as a tool meant to finally level the playing field. Read our press release here.