Published: September 26th, 2024,
Last updated: September 26th, 2024

EU Climate Commissioner Wopke Hoekstra has criticized China for subsidies on cleantech. „We really do have a China problem“, Hoekstra said in an interview with Bloomberg Television. „It cannot be that our companies go bankrupt because the market is flooded with state-subsidized products“, he added. „That will end up killing European industry and we will not allow that.“ Hoekstra was nominated by EU Commission President Ursula von der Leyen for a further five years as EU Climate Action Commissioner and will add tax policy to his portfolio.