Business

China Halts Anti-Monopoly Investigation into DuPont China Amid US Trade Tensions

China Suspends DuPont Anti-Monopoly Probe

In a surprising move, China's State Administration for Market Regulation (SAMR) announced the suspension of its anti-monopoly investigation into DuPont China Ltd. this Tuesday.

The probe, initiated in April, accused the company of violating local anti-monopoly laws. This development comes at a time when trade tensions between the United States and China are intensifying, following the imposition of high tariffs on Chinese exports by former U.S. President Donald Trump.

What does this mean for international trade relations? The suspension of the investigation could signal a potential easing of tensions or a strategic pause in the ongoing trade dispute between the two economic giants.