Brussels, 17/05/2011 (Agence Europe) - The EU's decision to impose, for the first time, countervailing duties against Chinese subsidies, in this case exports to the EU of coated fine paper, has caused a stir. While refusing to describe current friction with Europe as a trade war, China has already begun retaliation, with the announcement of additional duties against European starch.
Tension with the EU over trade cannot be called a “trade war”, the spokesman for the Chinese Trade...