China’s Ministry of Commerce announced on Wednesday an extension of its anti-dumping investigation into brandy originating from the European Union (EU), pushing the deadline to April 5, 2025. The decision reflects the complexity of the case, according to the ministry.
The investigation was initially launched on January 5 after a request from the China Alcoholic Drinks Association on behalf of the domestic industry. It aims to determine whether EU brandy imports have been sold in China at unfairly low prices, causing harm to the local brandy sector.
The scope of the probe includes spirits obtained by distilling grape wine, imported in containers holding less than 200 liters between October 1, 2022, and September 30, 2023. The ministry will also assess any damage inflicted on the Chinese brandy industry from January 1, 2019, to September 30, 2023.
In a preliminary assessment released on August 29, the ministry indicated that brandy imports from the EU involve dumping practices and present a substantial threat to the domestic industry. It established a causal link between the dumping activities and the potential damage to local producers.
As a result, China imposed temporary anti-dumping measures on EU-originating brandy starting October 11. Importers are now required to place deposits with Chinese customs based on dumping margins ranging from 30.6 percent to 39 percent.
This extension allows for a more thorough investigation, ensuring that the final determination is based on comprehensive evidence and analysis. The move underscores China’s commitment to protecting its domestic industries and promoting fair trade practices.
Reference(s):
cgtn.com