China announces anti-subsidy investigation into European milk in retaliation for EU tariffs on Chinese electric cars

Published 2024년 8월 22일

Tridge summary

China's Ministry of Commerce has launched an anti-subsidy investigation into certain dairy imports from the EU, following EU tariffs on Chinese electric vehicles. The probe, requested by the China Dairy Industry Association, will assess imports from April 2023 to March 2024 and their impact on China's dairy sector from 2020 to 2024, focusing on subsidies received by EU dairy producers. This action follows a previous anti-dumping investigation on European pork, mainly affecting Spain, and comes after the European Commission adjusted proposed tariffs on Chinese electric vehicles, which China argues are unfairly subsidized.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China's Ministry of Commerce announced on Wednesday an anti-subsidy investigation into certain dairy product imports from the European Union (EU), an anticipated response to the tariffs imposed by Brussels on Chinese electric vehicles. According to Commerce on its website, the request to investigate European dairy imports to China was submitted on July 29 by the China Dairy Industry Association. The European Commission considers that Chinese manufacturers receive subsidies that constitute unfair competition that distorts a key market for the European Union such as the automotive industry. The investigations will focus on products imported between April 2023 and March 2024 and on the "damage" that these purchases caused to the Chinese sector between 2020 and 2024. The process will review dairy products such as fresh cheese, curd or cream and the effects of subsidy programs to the dairy industry in Ireland, Austria, Belgium, Italy, Croatia, Finland, Romania and the Czech Republic. ...

Source: Lne