The Caixin-Sinica Business Brief, ep. 246: The EU announces probe Into Chinese EV subsidies, and Chinese gov denies reports of an iPhone ban

The Caixin-Sinica Business Brief

This week on the Caixin-Sinica Business Brief: The EU says it will launch an investigation into Chinese subsidies for electric vehicles in a bid to ward off cheap imports, a move Beijing says could negatively impact trade ties. Beijing denies that it has banned Apple iPhones in government agencies. And the PBOC lowers reserve requirement ratios to juice lending.

In addition, Kelsey Cheng explains what's happening with China's offshore wind sector.

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