China’s Ministry of Commerce announced on Wednesday an extension of its anti-dumping investigation into brandy imported from the European Union (EU). The probe, initially launched on January 5 this year, will now continue until April 5, 2025, citing the complexity of the case and adherence to relevant regulations.
The investigation began following a request from the China Alcoholic Drinks Association on behalf of the domestic industry. It focuses on spirits distilled from grape wine in containers holding less than 200 liters, imported between October 1, 2022, and September 30, 2023.
The ministry also plans to assess any damage to the Chinese brandy industry dating from January 1, 2019, to September 30, 2023. A preliminary assessment released on August 29 indicated that imported EU brandy involves dumping activities, posing a substantial threat to the domestic industry.
In response, China implemented temporary anti-dumping measures starting October 11. Importers of EU-originating brandy are now required to place deposits with Chinese customs, with dumping margins ranging from 30.6 percent to 39 percent.
The ministry stated there is a causal link between the dumping practices and the substantial threat of damage to China’s brandy sector. The extension of the investigation underscores China’s commitment to protecting its domestic industries against unfair trade practices.
Reference(s):
cgtn.com
