TIANMA(SZ:000050) Sou Hu Cai Jing·2025-12-20 01:17Group 1 - The Chinese Ministry of Commerce has imposed anti-dumping duties on pork and its by-products from the EU, with rates approaching 20% [1][2] - This decision is a strategic response to the EU's tightening trade policies against China, particularly in the agricultural sector [6][10] - The EU exports a significant amount of pork to China, which is crucial for the agricultural economies of countries like France and Germany [3][4] Group 2 - The EU's tightening of trade policies includes investigations into Chinese electric vehicles and revisions to public procurement rules, indicating a systematic approach to limit Chinese influence [8][10] - China's decision to target pork is a calculated move to hit a sensitive area within the EU, reflecting a strategic choice rather than a random act of retaliation [6][18] - The response from French President Macron highlights the internal divisions within the EU regarding trade with China, as he acknowledges the EU's trade deficit with China while advocating for openness [19][20] Group 3 - The agricultural sector's political weight in countries like France and Spain makes it a critical area for EU policy, and any disruption could complicate internal policy coordination [28] - The EU's reliance on Chinese imports, despite calls for "de-risking," indicates a deeper economic interdependence than publicly acknowledged [29][42] - The dynamic between China and the EU is shifting from a one-sided pressure to a two-way negotiation, with both sides needing to recognize each other's core interests [49][61] Group 4 - The pork tariff is not just about trade but reflects broader strategic concerns, as both sides navigate a complex geopolitical landscape [33][36] - The ongoing friction between China and the EU is a test of their ability to maintain functional cooperation amidst strategic distrust [37][38] - The outcome of this situation could influence future negotiations on various sectors, including electric vehicles and agricultural products, shaping the overall economic relationship [61]