CRRC's withdrawal from Bulgaria bid shows rising EU protectionism: CCCEU : vimarsana.com

Chinese train maker CRRC's withdrawal from a Bulgarian train tender adds to the evidence suggesting the EU side has wielded the Foreign Subsidies Regulation (FSR) as a new tool to deter foreign companies, coercing them into withdrawal and subsequent business exclusion, the China Chamber of Commerce to the European Union (CCCEU) said on Tuesday.

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