now this week, just this week, the chinese ministry of commerce launched an investigation into these practices that could last up to 18 months. a chinese a fall say they have levied complaints with the world trade organization, which both chinese and w. t o reps they, they, they are request needs both parties criteria for such an investigation. a copy of that complaint was actually made public by the ministry of commerce accusing the pork industry of creating over capacity or over supply we might say, and benefiting from those huge subsidies that he was just talking about, which they say has impacted china's domestic pork industry. now on the flip side, the you can't level such a complaint against the chinese e b's because those are only just beginning to roll out into the global market reco . i want to share something else with you now. um, during the segment during our morning editorial meeting this morning, as we are preparing this show and we always have these very involved conversation where everybody gets to share their opinions, some members of my team, our team. and these are

the calls were voiced in the closed-door meeting this week organized by the chinese ministry of commerceo was at the meeting ? byd. european carmakers like bmw and vw and stellantis were all there. this is not the first time we heard this. there has been talk about hiking tariffs from 15% to 25%. there is an expectation this could prompt talks between china and eu. in the meantime, china has launched an anti-dumping investigation into pork from the eu. this was at the request of the industry and in line with wto rules. the report comes as german economy minister is headed to china this week with a low-key business delegation. he is not involved with the tariff talks directly, but is expected to push and do so for a more level playing the field in china. in singapore, sam vadas, singapore business news. >>> time to look the european boards which have been trading for an hour and 45 minutes thus far. what we are looking at is green across all of the main boards in europe. we are monitoring what is happening in switzerland. we are seeing swiss stocks higher this morning after the announceme

beijing provides the industry with serious government support, giving chinese cars a competitive advantage. in response, the ministry of commerce announced the start of anti-dumping investigations into pork supplies from the eu. the czech energy company faces a fine of almost 80 million euros in favor of gazprom export. if. it will continue the proceedings in the international arbitration court. the arbitration court of st. petersburg issued a corresponding ruling. the czech side claims in its claim that the russian counterparty. allegedly undersupplied it with gas, the fact that the european authorities themselves refused pipeline gas from russia is not taken into account. companies from germany, austria, france, etc. are equally forgetful. the netherlands, britain, switzerland, poland and slovakia. all of them were prohibited in russian jurisdiction from prosecuting gazprom export in foreign courts. at the end of the exchange rate, the dollar today is 87 rubles. 95 kopecks. euro - 94 rubles 26 kopecks. i have. the russian ministry of emergency situations warns: protect your home, install a fire detector. safety starts with yo

beijing is providing serious support to the industry. support, giving chinese cars a competitive advantage. in response, the ministry of commerceblic announced the launch of an anti-dumping investigation into pork supplies from european union. the czech energy company faces a fine of almost 80 million euros in favor of gazprom export if it continues proceedings in an international arbitration court. the arbitration court of st. petersburg made a corresponding decision. the czech side claims in its claim that the russian counterparty. allegedly did not supply it with additional gas, and the fact that the european authorities themselves refused pipeline gas from russia is not taken into account. companies from germany, austria, and france are equally forgetful. artists, scientists, historians, masters of folk crafts gathered in binsk, among the spectators, even guests from japan, acquaintance with the traditions and customs of the cossack village, music, literature and theatrical performances. anna sorokina will tell you what else is on the program and what the festival is dedicated to. the alexander fortress festival temporarily

ministry of commerce, which was also attended by representatives of european car firms. the measures would target cars from the eu with large petrol driven engines. all this comes after the eu threatened chinese from the 11th ofjuly. let's turn our attention to india — where the country's startup ecosystem has been suffering a long funding chill. but things could be now turning a corner. the bbc�*s india business correspondent nikhil inamdar has more in this report from mumbai. india's tally of textile values at over $1 billion stands at 67 this year — that's one lesser compared to last year as tech giants dropped off the billionaires club. the future index unicorn... a number of companies expected to hit the $1 billion milestone also were stopped in their track because of the post funding squeeze after covid. but things are looking much better now for india's start up. international fundin: india's start up. international funding is — india's start up. international funding is still— india's start up. international funding is still slow, - india's start up. international funding is still slow, but - india's start up. international funding is still slow, but that| funding is still slow, but t

chinese electric vehicles, and now it seems like china is trying to find out how it can respond with a product that a number of european countries export a great deal of to china. china's commerce ministryed for human consumption products fresh, cold and frozen whole cuts. now, the eu accounts for more than half the roughly $6 billion worth of pork that china imported in 2023, that is according to chinese customs data. around a quarter of it was from spain alone because of the netherlands and denmark are the netherlands and denmark are the next big trade partners. a danish lobby group has warned that the country's ork sector be hit incredibly hard by any restrictions on sales to china —— pork. the eu is not worried, according to a spokesperson, saying the block would ensure it complied with all relevant world trade organization rules, and finau, european pork producers should be able to keep exporting to china while the investigation is under way, and that could take up to a year and a half. and that could take up to a yearand a half. —— and that could take up to a year and a half. —— and for now. this opens an opportunity for pork suppliers and other markets including south america, th