Beijing threatens trade action

Article reported that China threatened swift retaliation against a range of European Union industries if the European Commission pressed ahead in the summer of 2012 with an investigation into government subsidies granted to two Chinese telecoms equipment companies, Huawei and ZTE Corp.

European Commission: DG Trade: Creating opportunities: Bilateral relations: Countries: China http://ec.europa.eu/trade/creating-opportunities/bilateral-relations/countries/china/

Reuters, 21.6.12: China telecom firms may be subsidized: U.S. lawmaker http://www.reuters.com/article/2012/06/22/us-china-usa-huawei-idUSBRE85L03G20120622

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