Reported 7 months ago
The EU announced a temporary anti-subsidy tariff of up to 38% on imported electric cars from China, effective from July 4, triggering strong backlash internally in China. Chinese enterprises have formally requested investigations into anti-dumping and anti-subsidy practices on pork and dairy products originating from EU countries. Tensions escalate as China considers retaliatory measures, impacting EU farmers, while presenting trade opportunities for New Zealand. Prime Minister Li Keqiang's recent visit to New Zealand emphasizes expanding trade and investment cooperation, with New Zealand aiming to double its $12 billion exports to China within a decade, a goal that Li Keqiang has pledged to support.
Source: YAHOO