The European Union is probing whether China provided unfair subsidies for a BYD electric car plant in Hungary, the Financial ...

The European Union Commission has reportedly opened a preliminary probe investigating whether China provided unfair subsidies to support Chinese ...

If Brussels finds that the Chinese company has benefited from unfair state aid, it could force it to sell some assets, reduce capacity, repay the subsidy and potentially pay a fine for non-compliance.

The European Commission has opened a preliminary investigation into whether Chinese electric vehicle (EV) giant BYD received ...

According to a report by Financial Times, the European Commission (EC) is investigating whether China provided unfair ...

New Chinese investment in Europe in 2024 fell for the second consecutive year – but not in Hungary. Chinese investment in Hungary now exceeds 16 billion euros. In 2024, seven Chinese projects ...

If Chinese electric vehicle and battery manufacturers want to invest in the European Union, they should be prepared to transfer technology, according to the bloc's trade chief. Addressing a European ...

KISBER, Hungary, March 10 (Xinhua) -- A new milestone in Chinese-Hungarian economic cooperation was celebrated with the grand opening of ZettaNet, a newly established optical cable manufacturing ...

The European Commission is in the preliminary stages of a foreign subsidy probe into the BYD plant, and if Brussels finds that the Chinese company ... Sign up here. Hungary's Prime Minister ...

The BYD investment in the southern Hungarian region of Szeged is expected to reach €4bn and create as many as 10,000 jobs. EU officials say the factory was built with Chinese labour and uses ...