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Market
China's countermeasures against EU post-investigation
5
Resolution / Starting Odds
Tariffs on European goods • 25%
Restrictions on European companies • 25%
Cancellation of trade agreements • 25%
No significant countermeasures • 25%
Official announcements from Chinese government or major international news outlets
Story
EU Investigates China's Electric Vehicles Industry Over Subsidies; China Warns of Countermeasures
May 18, 2024, 01:59 PM
Concerns about Chinese overproduction of goods through state support have led to an EU anti-subsidies investigation into China's electric vehicles industry. This investigation aims to address the flooding of European markets and the stifling of local production. However, the Chinese side has warned that it is prepared to take ample countermeasures if the EU continues its actions against Chinese companies. The China Chamber of Commerce in the EU and Chinese state media have issued stern warnings regarding the potential repercussions of the EU's investigations. The probes by the European Commission are seen as shooting the EU economy in the foot.
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Retaliatory economic measures • 33%
Diplomatic negotiations • 33%
No significant response • 34%
Tariffs • 33%
Trade restrictions • 33%
No action taken • 34%
Retaliatory tariffs • 33%
Negotiations with EU • 33%
No significant response • 33%
Support EU's stance • 25%
Negotiate independently with China • 25%
Seek broader international intervention • 25%
No significant response • 25%
Tariffs on US goods • 33%
Restrictions on US companies operating in China • 33%
No significant countermeasures • 34%
Negotiation • 25%
Retaliation • 25%
No action • 25%
Reform of trade policies • 25%
Wine • 25%
Dairy Products • 25%
Aircraft • 25%
None • 25%
