Li Qiang Said He Was Not Stupid Enough to Pay for Subsidies for Foreigners to Enjoy, Which Caused Ridicule | Eu | China-Eu Summit
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In recent years, the EU has continuously criticized the Chinese Communist Party for over-subsidizing the manufacturing industry and dumping excess capacity into Europe at low prices. During a summit with EU leaders in Beijing, Chinese Premier Li Qiang denied that the Chinese Communist Party had a subsidy policy, saying that it would not be so stupid as to use hard-earned fiscal funds to subsidize products and sell them to foreigners for their en…
On Thursday, July 24, during a roundtable discussion with EU President Ursula von der Leyen, Li Qiang insisted that "China is in no way pursuing what some call subsidy policies or fiscal subsidies."
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