China Launches Anti-Dumping Probe Into Brandy Imported From EU
January 05 2024 - 4:36AM
Dow Jones News
By Sherry Qin
China has launched an anti-dumping investigation into brandy
imported from the European Union, escalating trade tensions after
the EU's anti-subsidy probe into China's electric-vehicle
makers.
The investigation will focus on brandy products that come in
smaller than 200-liter containers from the EU, China's Ministry of
Commerce said in a statement on Friday.
The probe follows a complaint submitted by the China Alcoholic
Beverages Association on behalf of the domestic brandy industry, it
added.
"The application meets the conditions for filing an anti-dumping
investigation," a ministry spokesperson said.
In September, the EU had launched an anti-subsidy investigation
into China's EV makers amid concerns over the impact of low-priced
products from China on domestic industries.
Write to Sherry Qin at sherry.qin@wsj.com
(END) Dow Jones Newswires
January 05, 2024 05:21 ET (10:21 GMT)
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