2024.11.02 11:38 GMT+8

Claude Smadja: The EU anti-subsidy probe reveals the one-size-fits-all approach

Updated 2024.11.02 11:38 GMT+8
CGTN

The European Commission has concluded its anti-subsidy investigation by imposing definitive countervailing duties on imports of battery electric vehicles from China for five years. Is this decision fair? In this video, Claude Smadja, former managing director of the World Economic Forum, shares his insights on the diverse nature of subsidies across different countries. He emphasizes that globalization isn't one-size-fits-all and is no longer synonymous with Americanization.

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