EU to probe Chinese mobile telecommunication companies
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EU to probe Chinese mobile telecommunication companies

Last Updated: Thursday, May 16, 2013, 00:07
 
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EU to probe Chinese mobile telecommunication companies
Brussels: The European Commission (EC) has decided to launch an anti-dumping and anti-subsidy investigation into mobile telecommunication networks and equipments imported from China, an official statement said Wednesday.

The EC is the executive body of the European Union (EU).

The decision will not be activated for the time being to allow for negotiations towards an "amicable solution" with the Chinese authorities, reported Xinhua citing the Commission's statement.

The case was an ex-officio trade defence action, which means the case was started by the Commission, i.e. directorate general for trade without request from member states.

As a matter of fact, insiders disclose that most member states were against launching the case.

The Commission explained this measure was taken as a shield against trade retaliation against European companies.

The case is aimed at Huawei and ZTE, China's two leading telecommunication system and equipment providers.

IANS



First Published: Thursday, May 16, 2013, 00:07


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