Europe Raises Cry Over Chinese Technology


Location:
European Union, Brussels, Belgium

The European Union is under pressure to curb the rapid growth of Chinese telecommunications-equipment makers, amid mounting complaints that they have seized a big chunk of Europe's market with goods that critics say are unfairly subsidized by Beijing.

European labor unions and a tech company say two firms that produce a range of telecommunications equipment, China's Huawei Technologies Co. and ZTE Corp., have suppressed prices thanks to government tax breaks, research grants and cheap loans from state-owned banks. The allegations mark the latest European expressions of concern about China's growing muscle in industries from steel to green-energy technology to sophisticated telecommunications equipment. China has steadfastly denied charges that it unfairly subsidizes its industries, arguing that Europe's allegations are a cover for its own protectionism.

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