European businesses in many of the sectors concerned by the proposal have long lamented they face unfair competition from heavily subsidised Chinese rivals.

It sounds like Chinese rivals are heavily subsidised and China is complaining about the EU now considering doing the same. Am I understanding this correctly?

The EU unveiled in March new “Made in Europe” rules for companies trying to access public funds in strategic sectors including cars, green tech and steel, obliging firms to meet minimum thresholds for EU-made parts.

The proposal, held up for months by wrangling over the measures, is a key part of a European Union drive to regain its competitive edge, reduce its industrial decline and stave off hundreds of thousands of job losses.

It seems to me that what the EU is doing is a good thing, though I’d be curious to hear the opinions of others.