China heightens tensions amid EU anti-subsidy probe 

The EU should boost electric-vehicle subsidies and avoid following the US into a tariff conflict with China, according to a proposal by Hungary earlier this month. German and Swedish leaders have also called for a cautious approach to tariffs.

The EU has launched three high-profile probes targeting Chinese companies in railway, solar, and security sectors this year under a new foreign subsidies regulation.

China warned the European Union it is prepared to take countermeasures against it if the series of anti-subsidy investigations into Chinese companies continues, according to a post on a state-media affiliated social media account.

The EU has launched three high-profile probes targeting Chinese companies in railway, solar, and security sectors this year under a new foreign subsidies regulation. It has also started a trade investigation into Chinese-made electric vehicles sold in the EU.