Trade tensions between the European Union and China are taking a new turn. While the economic relations between these two powers are already fragile, a new Chinese investigation targeting European dairy products threatens to exacerbate the situation. Through this accusation that European exports distort competition with what are deemed unfair subsidies, Beijing is opening a new front in this latent trade war. In response, the European Union has approached the World Trade Organization (WTO).
L’article Economy: The EU Strikes Back Against The Chinese Investigation Into Dairy Products! est apparu en premier sur Cointribune.