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 G7 Finance Ministers and EU Launch Probes into China's Non-Market Trade Practices
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#b0089b4e ver:0.2

G7 finance ministers and the EU are launching probes into China's non-market trade practices, expressing concern about dumping of cheap exports and non-market policies that undermine workers and industries. Efforts to influence Russia and China have had limited success, but the G7 countries are making a renewed push. They are considering using Russia's frozen assets to aid Ukraine and are concerned about China's excess industrial capacity and subsidized green-energy products. Russia and China are preparing responses, but the G7 believes any action taken will respect international law. The G7 is united in addressing challenges posed by Russia and China. The US, Germany, France, and the EU have grievances against China, and the G7 could take retaliatory measures. The focus is on China, with the most assertive language ever used in a joint document. The US Treasury Secretary has asked for a united front against China's unfair trade practices. The EU is conducting a probe into China's export and dump strategy, particularly in the electric vehicle sector. France warns of the risk posed by cheap Chinese exports and seeks to preserve gains in its own industry and technology sectors. The G7 supports a united fight against China's non-market policies, and the EU has launched probes into various Chinese products. #G7 #China #trade #Russia #Ukraine #economicpower #dumping #nonmarketpolicies #industrialcapacity #greenenergy #tariffs #internationaltrade #economicresilience #supplychains #cleanenergy #manufacturing #electricvehicles #solarcells #semiconductors #levelplayingfield...

#newstr #G7 #China #Trade #Imports #Tariffs #EuropeanUnion #Probes 

 https://here.news/story/b0089b4e?ver=0.2