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BEIJING (Reuters) -- China announced the next step in its anti-dumping investigation into European brandy imports on Friday, ramping up tensions on the same day the European Commission's provisional tariffs on Chinese-made electric vehicles take effect.While a Commerce Ministry spokesperson stressed at a news conference on Thursday that Brussels and Beijing should stay at the negotiating table ahead of the bloc confirming tariffs of up to 37.6% on Chinese-made EVs, the prospect of retaliation was kept alive by a reference to another probe into EU pork imports.The Commerce Ministry said...

A new report by Climate Home has exposed a troubling contradiction at the heart of Europe's sustainable investment efforts. Millions of dollars from EU "green" funds are being invested in some of the world's biggest coal companies, directly undermining international agreements to reduce reliance on coal-fired power. The report reveals that European entities have invested over €65 million in major coal firms across China, India, Indonesia, the United States, and South Africa. These companies are responsible for massive carbon emissions, exceeding the combined emissions of four entire countries. This flies...