(Bloomberg) — China launched an anti-dumping probe on pork imports from the European Union, in a narrowly targeted measure that’s the latest move in simmering trade tensions between Beijing and Brussels.
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China is the EU’s biggest overseas market for pork, although export volumes have fallen off in recent years due to domestic oversupply and low prices. The trade was worth $1.83 billion last year, with farmers in Spain, Denmark and the Netherlands the biggest beneficiaries.
Still, it’s a tiny portion of overall trade with the bloc. China imported $282 billion…