China is escalating trade tensions with the EU by ordering firms to halt cooperation with foreign subsidies investigations, directly targeting JD.com’s $2 billion German acquisition. As negotiators race to close a $1 billion daily trade gap, Beijing accuses the EU of unfair scrutiny and unilateral tactics, while Brussels defends its WTO-compliant rules. With high-stakes talks looming — including a potential October visit to Beijing — this standoff risks turning a business deal into a geopolitical chess match.
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