China's Subsidies Draw More International Wrath
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The world's man of steel is getting a taste of kryptonite.
The EU plans to launch an antitrust probe into China's domestic subsidies for steelmakers, the Financial Times reported on Tuesday. This comes shortly after the EU announced a similar probe into China's EV subsidies, and is part of a growing trend of nations finding ways to crack down on China-made goods.
Source Fool.com
