EU to warn China it may levy duties against Huawei: sources

The European Commission plans to send a formal warning to China that it is ready to levy sanctions against telecoms equipment makers Huawei and ZTE over illegal subsidies, people close to the matter said.

EU trade chief Karel De Gucht is set to win support from the bloc’s executive on Wednesday to send the warning letter and show China’s new president, Xi Jinping, that Brussels is serious about countering what it says is state support.

via Business feed http://www.scmp.com/business/companies/article/1238207/eu-warn-china-it-may-levy-duties-against-huawei-sources