China targets European companies in EU dairy anti-subsidy investigation

Published 2024년 10월 14일

Tridge summary

China has initiated an anti-subsidy investigation into Dutch firm FrieslandCampina and companies from France and Italy, as part of an ongoing probe into dairy imports from the European Union. This action follows EU lawmakers' decision to vote for tariffs on Chinese electric vehicles, with up to 45% tariff. The companies under investigation were chosen based on their export volume, product structure, and geographic distribution. The European Commission has challenged the investigation at the World Trade Organization, marking the first time it has done so at the initial stage of an investigation. China is the EU's second-largest supplier of dairy products, following New Zealand.

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

Original content

By Mei Mei Chu BEIJING (Reuters) - China on Monday targeted Dutch firm FrieslandCampina and French and Italian companies in an anti-subsidy probe into dairy imports from the European Union, after lawmakers from those countries voted to impose tariffs on Chinese electric vehicles. The world’s second-largest economy began investigating imports of some cheese, milk and cream from the European Union in August. Details of the probe were released after EU members on Oct. 4 voted to impose tariffs of up to 45 percent on electric vehicles imported from China. Italy, France and the Netherlands voted in favor of the tariffs, while Belgium abstained. China’s commerce ministry said it will use samples collected from Elvi (France) Co. (ELVIR), FrieslandCampina Nederland B.V., FrieslandCampina Belgium N.V. and Italian firm Sterilgarda Alimenti SPA in its investigation. The companies were selected based on export volume, product structure and geographic distribution, the ministry said in a ...

Source: NoticiasAgricolas