A Chinese train maker has withdrawn from a public tender in Bulgaria after the European Union launched an investigation into a bid it said was undercutting local firms.
The inquiry, announced last month, was the first of its kind and marked the maiden use of a foreign subsidies regulation designed to stop state handouts from distorting the EU’s single market.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
