China retaliates against EU investigation into cheap EVs flooding Europe

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The European Commission initiated an anti-subsidy investigation on electric vehicle imports from China, leading to a retaliatory response from the Chinese government. In response, China launched a trade probe targeting luxury liquor producers from Europe, focusing on those directly competing with a prominent state-owned Chinese company. This exchange highlights the escalating trade tensions between the European Union and China in the electric vehicle and luxury liquor sectors.

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