AsianFin—China's main business group in the EU has excoriated Brussels for weaponizing its own regulations to engage in economic coercion of Chinese businesses, and the group urged the EU to treat Chinese firms fairly, after the EU launched investigations into Chinese firms in the clean-energy sector.

In its latest move, the EU had published two summary notices pertaining to the second and third in-depth investigations under the Foreign Subsidies Regulation (FSR), which involved Chinese businesses, according to the China Chamber of Commerce to the EU (CCCEU).

"The FSR has been weaponized by the EU side and functions as a form of economic coercion," the Chinese business group said in a long statement. It urged all stakeholders to promptly reassess the implementation of the FSR and its adverse effects on the EU's investment and public procurement sectors. It called on the EU to provide Chinese firms with a fair, just and non-discriminatory environment.