China has launched an investigation into illegal subsidies relating to imports of pork and dairy products from the European Union, the Trade Ministry in Beijing announced on Monday. The anti-dumping probe is seen as a response to punitive tariffs the EU is considering on electric vehicles imported from China, following an EU investigation into subsidies to Chinese carmakers that are allegedly distorting competition in the European market. The Global Times, a Chinese Communist Party mouthpiece, reported that evidence was being prepared for an anti-subsidy investigation into the two categories. …