China Probes EU Dairy Subsidies Amid Trade Tensions

China has launched an anti-subsidy investigation into EU dairy products, intensifying the ongoing trade tensions between Beijing and Brussels. This move follows the European Commission's proposal to impose up to 36% duties on Chinese electric vehicles, citing unfair subsidies. The investigation, prompted by local dairy producers' complaints, will examine various EU subsidy programs and could last up to 18 months. The EU is a significant exporter of dairy products, with China being a major market. This development is part of a broader trade dispute, with both sides investigating each other's industries, including the EU's probe into Chinese wind turbine companies and Beijing's anti-dumping investigations into EU pork and brandy. Both parties have committed to closely monitoring these probes to ensure compliance with World Trade Organization rules.