Beijing [China], June 18: China has launched an investigation into illegal subsidies relating to the importing of meat and dairy products from the European Union, the Trade Ministry in Beijing announced on Monday. The anti-dumping probe is being seen as a response to the punitive tariffs the EU is considering on electric vehicles imported from China, following an EU investigation into subsidies to Chinese carmakers that are allegedly distorting competition in the European market. The Global Times, a Chinese communist party mouthpiece, reported that evidence was being prepared to launch an anti-subsidy investigation into the two categories. It cited "business insiders." Products intended for human consumption were at the centre of the probe, the Trade Ministry said. Last year China imported pork worth 23.2 billion yuan ($3.2 billion), according to Chinese customs statistics. (DPA)
Source: Qatar Tribune
