What do EVs have to do with the price of pork in China? Actually, a lot.
By Jack Aylmer (Energy Correspondent), Zachary Hill (Video Editor), Heath Cary (Senior Motion Designer)
Earlier in June, the European Union (EU) announced a tariff hike on Chinese electric vehicles (EVs), prompting Beijing to warn of potential retaliatory measures. Now, in what has been seen as part of that response, Chinese officials launched an investigation into the prices of pork imported from Europe.
Media Landscape
See who else is reporting on this story and which side of the political spectrum they lean. To read other sources, click on the plus signs below. Learn more about this dataBias Distribution
Left
China Starts Anti-Dumping Probe on Imports of EU Pork
Click to see story on BloombergChina launches anti-dumping investigation into EU pork imports
Click to see story on Al JazeeraChina launches an anti-dumping investigation into European pork imports.
Click to see story on Le MondeChina launches anti-dumping probe into pork imports from EU
Click to see story on InquirerChina launches dumping probe into EU pork imports
Click to see story on Taipei TimesChina initiates anti-dumping proceedings against EU pork
Click to see story on der Standard ATChina opens tit-for-tat anti-dumping probe into European pork
Click to see story on EURACTIVChina launches anti-dumping investigation into imports of European pork
Click to see story on Novinky.czChina has opened an anti-dumping investigation into European pork imports
Click to see story on France InfoChina opens investigation into ‘dumping of European pork meat’
Click to see story on NRC HandelsbladAnti-dumping probe into EU pork imports launched
Click to see story on The StandardChina anti-dumping investigation targets EU pork ‘overcapacity’ after EV action
Click to see story on South China Morning PostChina opens tit-for-tat anti-dumping probe into European pork
Click to see story on Channel News AsiaChina launching anti-dumping probe into EU pork imports
Click to see story on RTÉTit-for-tat: China launches anti-dumping probe into EU pork imports
Click to see story on WIONChina launches anti-dumping probe into EU pork imports
Click to see story on VOA NewsThe threat of a Europe-China trade war looms as Beijing launches an anti-dumping probe on pork
Click to see story on FortuneChina launches anti-dumping investigation against meat from Europe
Click to see story on TagesschauChina Launches Anti-dumping Probe Into EU Pork Imports
Click to see story on Barron'sChina opens tit-for-tat anti-dumping probe into European pork
Click to see story on The Straits TimesChina’s first blow to the EU (and Spain) after the increase in tariffs on electric cars: an anti-dumping investigation into pork imports
Click to see story on El MundoIn a tit for tat, China launches anti-dumping probe into pork imports from Europe
Click to see story on Firstpost NewsRight
Untracked Bias
China begins ‘antidumping investigation’ into European pork meat.
Click to see story on Het NieuwsbladChina, anti-dumping investigation on EU pork products
Click to see story on Quotidiano NazionaleChina initiates antidumping investigation into EU pork
Click to see story on KurierChina investigates anti-dumping of pork imported from Europe
Click to see story on TUOI TRE ONLINEChina announces the launch of an anti-dumping investigation into European pork imports.
Click to see story on Sud OuestChina launches anti-dumping investigation into EU pork
Click to see story on telex.huChina begins investigation into dumping of EU pork
Click to see story on rd.nlChina launches anti-dumping investigation into EU pork imports
Click to see story on Heti VilággazdaságChina launches anti-dumping probe into pork imports from Spain
Click to see story on The Local – EsFarmers in Europe will have a problem. China launches investigation into EU pork
Click to see story on Business Insider (Poland)China begins investigation into the ‘dumping’ of European pork | El Diario Montañés
Click to see story on El Diario MontañesAnti-dumping measure: Revenge for punitive tariffs? China launches investigation on EU pork
Click to see story on www.kleinezeitung.atChina launched an anti-dumping investigation into EU pork.
Click to see story on Salzburger NachrichtenChina launches anti-dumping investigation into pork imported from EU
Click to see story on hnonline.skSTA: China launches anti-dumping investigation into EU pork imports
Click to see story on sta.siChina threatens Andalusian pork exports over ‘anti-dumping’ investigation
Click to see story on diariodesevilla.esChina announces the launch of an anti-dumping investigation into European pork imports.
Click to see story on lesechos.frChina launches anti-dumping probe into EU pork
Click to see story on rthk.hkChina strikes back with anti-dumping investigation into EU pork
Click to see story on brusselssignal.euThe investigation is a move that could have significant economic repercussions for the EU, given China’s immense demand for pork.
China is the world’s largest consumer of pork. The country expects to account for more than half of global consumption this year. In some Chinese provinces, the average person consumes a quarter pound of pork daily, contributing to the nearly 2 million pigs consumed nationwide each day.
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Last year, China spent approximately $6 billion on pork imports. More than 50% of that pork came from the EU.
The EU’s executive branch, the European Commission, stated it will closely monitor China’s investigation and intervene if necessary, downplaying concerns about significant impacts on European farmers. However, China might not be done hitting back at Europe and other nations that have similarly increased electric vehicle tariffs against them.
U.S. Treasury Secretary Janet Yellen said Washington, D.C., is bracing for retaliation over the Biden administration’s own duty hike on Chinese EVs. Meanwhile, market analysts suggested Beijing could also impose tariffs on other European exports, such as wines and brandy, which have been lucrative markets for Europe.
Last year, nearly 70% of Chinese wine imports came from the EU, and China is the second-largest importer of brandy after the United States.
[JACK AYLMER]
WHAT DO ELECTRIC VEHICLES HAVE TO DO WITH THE PRICE OF PORK IN CHINA?
WELL, MORE THAN YOU’D THINK.
AFTER THE EUROPEAN UNION ANNOUNCED A TARIFF HIKE ON CHINESE EVS EARLIER THIS MONTH, BEIJING WARNED IT WOULD RETALIATE.
SO NOW IN WHAT HAS BEEN SEEN AS PART OF THEIR ATTEMPT TO GET EVEN, CHINESE OFFICIALS ARE GOING AFTER EUROPE’S PORK MARKET.
LAUNCHING AN INVESTIGATION INTO PRICES OF THE MEAT COMING FROM THE CONTINENT.
AND IT COULD ACTUALLY BE A BIG ECONOMIC BLOW TO THE EU.
THAT’S BECAUSE NO COUNTRY IN THE WORLD EATS MORE PORK THAN CHINA.
IN TOTAL, THEY’RE EXPECTED TO ACCOUNT FOR MORE THAN HALF OF GLOBAL PORK CONSUMPTION THIS YEAR.
THE AVERAGE PERSON IN SOME CHINESE PROVINCES EAT A QUARTER POUND OF PORK EVERY DAY-
CONTRIBUTING TO THE NEARLY 2 MILLION PIGS CONSUMED BY THE NATION ON A DAILY BASIS.
WITH SUCH HIGH DOMESTIC DEMAND, CHINA SPENT ABOUT SIX BILLION DOLLARS ON PORK IMPORTS LAST YEAR-
MORE THAN 50 PERCENT OF WHICH CAME FROM THE EUROPEAN UNION.
THE EU’S EXECUTIVE BRANCH SAID IT WILL BE FOLLOWING THE INVESTIGATION CLOSELY AND INTERVENE WHEN APPROPRIATE-
DOWNPLAYING FEARS THE PROBE WILL HAVE MUCH OF AN IMPACT ON EUROPE’S FARMERS.
BUT, CHINA MIGHT NOT BE DONE HITTING BACK OVER THOSE HIGHER ELECTRIC VEHICLE TARIFFS.
U-S TREASURY SECRETARY JANET YELLEN HAS SAID WASHINGTON IS BRACING FOR RETALIATION FOR OUR OWN TARIFFS ON CHINESE E-VS.
MARKET ANALYSTS BELIEVE BEIJING COULD NEXT IMPOSE TARIFFS ON EUROPEAN WINES AND BRANDY-
TWO OTHER PRODUCTS THAT EUROPE HAS MADE A LOT OF MONEY SELLING TO CHINA IN THE PAST.
LAST YEAR NEARLY 70 PERCENT OF CHINESE WINE IMPORTS CAME FROM THE EU-
AND ONLY THE U.S. IMPORTS MORE BRANDY THAN CHINA.
TO LEARN MORE ABOUT HOW THE ELECTRIC VEHICLE TRANSITION HAS INFLUENCED GEOPOLITICAL TENSIONS AROUND THE GLOBE, DOWNLOAD THE STRAIGHT ARROW NEWS AND SIGN UP FOR ALERTS FROM ME – JACK AYLMER – SO I CAN KEEP YOU INFORMED.
Media Landscape
See who else is reporting on this story and which side of the political spectrum they lean. To read other sources, click on the plus signs below. Learn more about this dataBias Distribution
Left
China Starts Anti-Dumping Probe on Imports of EU Pork
Click to see story on BloombergChina launches anti-dumping investigation into EU pork imports
Click to see story on Al JazeeraChina launches an anti-dumping investigation into European pork imports.
Click to see story on Le MondeChina launches anti-dumping probe into pork imports from EU
Click to see story on InquirerChina launches dumping probe into EU pork imports
Click to see story on Taipei TimesChina initiates anti-dumping proceedings against EU pork
Click to see story on der Standard ATChina opens tit-for-tat anti-dumping probe into European pork
Click to see story on EURACTIVChina launches anti-dumping investigation into imports of European pork
Click to see story on Novinky.czChina has opened an anti-dumping investigation into European pork imports
Click to see story on France InfoChina opens investigation into ‘dumping of European pork meat’
Click to see story on NRC HandelsbladAnti-dumping probe into EU pork imports launched
Click to see story on The StandardChina anti-dumping investigation targets EU pork ‘overcapacity’ after EV action
Click to see story on South China Morning PostChina opens tit-for-tat anti-dumping probe into European pork
Click to see story on Channel News AsiaChina launching anti-dumping probe into EU pork imports
Click to see story on RTÉTit-for-tat: China launches anti-dumping probe into EU pork imports
Click to see story on WIONChina launches anti-dumping probe into EU pork imports
Click to see story on VOA NewsThe threat of a Europe-China trade war looms as Beijing launches an anti-dumping probe on pork
Click to see story on FortuneChina launches anti-dumping investigation against meat from Europe
Click to see story on TagesschauChina Launches Anti-dumping Probe Into EU Pork Imports
Click to see story on Barron'sChina opens tit-for-tat anti-dumping probe into European pork
Click to see story on The Straits TimesChina’s first blow to the EU (and Spain) after the increase in tariffs on electric cars: an anti-dumping investigation into pork imports
Click to see story on El MundoIn a tit for tat, China launches anti-dumping probe into pork imports from Europe
Click to see story on Firstpost NewsRight
Untracked Bias
China begins ‘antidumping investigation’ into European pork meat.
Click to see story on Het NieuwsbladChina, anti-dumping investigation on EU pork products
Click to see story on Quotidiano NazionaleChina initiates antidumping investigation into EU pork
Click to see story on KurierChina investigates anti-dumping of pork imported from Europe
Click to see story on TUOI TRE ONLINEChina announces the launch of an anti-dumping investigation into European pork imports.
Click to see story on Sud OuestChina launches anti-dumping investigation into EU pork
Click to see story on telex.huChina begins investigation into dumping of EU pork
Click to see story on rd.nlChina launches anti-dumping investigation into EU pork imports
Click to see story on Heti VilággazdaságChina launches anti-dumping probe into pork imports from Spain
Click to see story on The Local – EsFarmers in Europe will have a problem. China launches investigation into EU pork
Click to see story on Business Insider (Poland)China begins investigation into the ‘dumping’ of European pork | El Diario Montañés
Click to see story on El Diario MontañesAnti-dumping measure: Revenge for punitive tariffs? China launches investigation on EU pork
Click to see story on www.kleinezeitung.atChina launched an anti-dumping investigation into EU pork.
Click to see story on Salzburger NachrichtenChina launches anti-dumping investigation into pork imported from EU
Click to see story on hnonline.skSTA: China launches anti-dumping investigation into EU pork imports
Click to see story on sta.siChina threatens Andalusian pork exports over ‘anti-dumping’ investigation
Click to see story on diariodesevilla.esChina announces the launch of an anti-dumping investigation into European pork imports.
Click to see story on lesechos.frChina launches anti-dumping probe into EU pork
Click to see story on rthk.hkChina strikes back with anti-dumping investigation into EU pork
Click to see story on brusselssignal.euVOTE WITH THE UNBIASED, STRAIGHT FACTS.™
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