China begins anti-subsidy investigation into European dairy imports

News Snapshot:

Chinese authorities have launched an anti-subsidy investigation into European dairy imports, in the latest sign of escalating trade tensions between Brussels and Beijing. The announcement from China’s commerce ministry on Wednesday came a day after the European Commission revealed revised duties on Chinese electric vehicles as part of its examination into what it views as artificially cheap cars that pose a threat to jobs in Europe’s motor industry. The China Chamber of Commerce to the EU said Beijing’s investigation was launched after a complaint from the country’s dairy industry on 29 July and said consultation with the EU had taken...