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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
A file photo of the Chinese Ministry of Commerce in Beijing, China. /CFP
China's Ministry of Commerce announced on Monday that it will impose temporary anti-dumping measures on certain brandy imports originating from the European Union (EU), effective November 15.
The decision follows a preliminary investigation that found EU brandy producers were dumping certain products in China, threatening to cause substantial damage to the domestic industry, the ministry said in a statement.
According to the ministry, importers of brandy originating in the EU must place deposits with Chinese customs based on dumping margins of between 30.6 percent and 39 percent. The measures apply to grape-based spirits in containers less than 200 liters.
A major market for European spirits, China started an anti-dumping investigation into brandy imported from the EU on January 5, 2024.