The Chinese government has issued an official statement regarding the EU’s recent ban on Chinese inverters in EU-funded PV projects.
“Without any factual evidence, the EU has for the first time designated China as a so-called ‘high-risk country’ and, on this pretext, banned financial support for projects using Chinese inverters,” said China’s Ministry of Commerce (MOFCOM).
“The EU’s designation of China as a ‘high-risk country’ will undermine mutual trust between China and the EU, disrupt bilateral economic and trade cooperation, destabilize industrial and supply chains both within the China–EU context and globally, and even carry the risk of decoupling and further supply chain disruption,” the statement reads.
“China urges the EU to immediately cease the stigmatization of China by designating it as a ‘high-risk country,' and to lift the unfair and discriminatory practices targeting Chinese products,” the MOFCOM added. “China will closely monitor the situation, carefully assess the impact of the EU's policies on the interests of Chinese enterprises and on China-EU industrial and supply chains, and take necessary measures to safeguard the legitimate and lawful rights and interests of Chinese enterprises.”
No details about potential countermeasures were revealed.
MOFCOM also stated that the new measures excluding Chinese products may harm the EU itself, jeopardizing its green transition and energy security.
The EU revealed its plan to restrict funding for PV projects using inverters from high-risk suppliers on April 23. The list of high-risk countries includes China, Russia, Iran and North Korea.
*The article was updated on May 11 to reflect that North Korea, not South Korea, as previously reported, is one of the four countries labeled high-risk.
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Everyone with any understanding of national economics and trade, knows this as western nations trying to stop the much superior Chinese technology expanding in their nations.
All now marked as national security.
If all Asian nations and Russia stopped all trade with the west and had a trade pact of their own the west would have a major financial collapse.
Asian with Russia makes up over 60% of world population, a population that has vast potential for economic growth, unlike the west, who are the exact opposite, the reason for the fear of the west.
That’s the reason the US is in effect invading so many oil and other mineral rich nations.
What’s the problem with banning Chinese inverters that have any way to contact, or be contolled, remotely? To communicate, a western communication unit would need to be plugged-in.
A 5€ import change might help investigate and enforce this regulation