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Thursday, August 29, 2024

Brandy imported from EU involves dumping, China alleges

China’s Ministry of Commerce announced on Thursday brandy imported from the European Union involves dumping.

• August 29, 2024
Unbranded Bottles of brandy
Unbranded Bottles of brandy[Credit: Shutterstock

China’s Ministry of Commerce announced on Thursday that while brandy imported from the European Union involves dumping, no temporary anti-dumping measures will be imposed in this case for the time being.

In January, China launched an anti-dumping investigation into brandy imported from the EU following a request from the China Alcoholic Drinks Association on behalf of the domestic industry.

The investigation probed whether the product damaged the domestic industry, the extent of that damage, and the causal link between the dumping and the damage.

The MOC said this in a statement made available to journalists on Thursday.

The MOC said a preliminary assessment showed that the imported brandy from the EU involved dumping, and the domestic brandy industry is under substantial threat of damage.

It added that there is a causal relationship between the dumping and the substantial threat of damage.

The ministry, however, noted that no temporary anti-dumping measures would be implemented at this time.

According to the MOC statement, interested parties may submit written comments within 10 days from the date of publication of the relevant announcement. 

(Xinhua/NAN)

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