The European Union is investigating China’s subsidies for electric vehicles that impact by lowering the price of such vehicles in the EU. China hit back within hours, it will extend anti-subsidy duties on potato starch imports from the European Union for the next five years from Saturday. This tariff was first levied in 2011 and
Share: In a reaction to the US executive order banning certain investments in Chinese technology companies, China’s Commerce Ministry showed grave concerns and marked the rights to take measures in retaliation early Thursday in Asia, per Reuters. The news also quotes China Commerce Ministry as saying, “Hopes that the US will respect laws