China opens anti-subsidy probe into EU dairy imports

Published 2024년 8월 22일

Tridge summary

China has initiated an anti-subsidy investigation into dairy imports from the European Union, following a complaint from its local dairy industry and in response to the EU's revised tariff plan for Chinese electric vehicles. The probe will look into 20 subsidy schemes from EU countries, primarily focusing on various dairy products such as cheeses, milks, and creams. This action is part of a series of investigations by China into EU agricultural goods and comes after the EU applied punitive duties on Chinese electric vehicles. The European Commission and the European Dairy Association have pledged to defend the EU's interests and ensure compliance with World Trade Organization rules.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China opened an anti-subsidy probe into dairy imports from the European Union on Wednesday, stepping up tension with the bloc a day after Brussels published its revised tariff plan for China-made electric vehicles, reported Reuters. The EU on Tuesday revised its proposed punitive duties on imports of Chinese EVs to 36.3% from an initial planned duty of 37.6%, but fell short of abandoning them, as Beijing had called on Brussels to do. The revision drew rebuke from China's commerce ministry, which in response said it is "firmly opposed to and highly concerned" about the findings, and vowed to take all necessary measures to protect Chinese firms. The anti-subsidy investigation on dairy announced by China's commerce ministry on Wednesday, the latest in a series of Chinese probes this year into EU agricultural goods, will focus on various types of cheeses, milks and creams intended for human consumption. It was prompted by a complaint submitted by the Dairy Association of China and the ...

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