Lee-Makiyama, Hosuk - 2011
A new trade war is looming as the EU is now embarking on its first countervailing duty (CVD) against Chinese subsidies … over coated fine paper. As the EU gives a significant amount of subsidies to local production, China is not short of … small to inflict any injury on EU producers, and China holds less than 4% of the EU market; alleged subsidies through grants …