Business

China Launches Probe into US Semiconductor Subsidies Amid Trade Tensions

Investigation into US Semiconductor Subsidies

The Chinese Commerce Ministry announced on Thursday the initiation of an investigation into subsidies provided to mature semiconductor manufacturers in the United States. This move comes in response to grievances from Chinese businesses, which argue that these subsidies grant American companies an unfair competitive edge in the US market.

Update on Polyoxyethylene Imports Review

In addition, the ministry provided an update regarding its review of polyoxyethylene imports from the US, the European Union, Taiwan, and Japan. Preliminary findings indicate evidence of dumping practices. The report suggests that the Chinese polyoxyethylene industry has incurred significant damage, prompting the announcement of temporary anti-dumping measures against imports from the implicated countries.