Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, July 4 (Xinhua) — China’s Ministry of Commerce on Friday announced the final decision on an anti-dumping investigation into brandy imports from the European Union (EU). The ministry will impose anti-dumping measures on brandy imports for five years starting from Saturday, July 5.
According to the Ministry of Commerce of the People’s Republic of China, the investigation revealed that there is dumping in the import of brandy produced in the EU, which is why the Chinese industry of this alcoholic beverage is at risk of significant damage. At the same time, there is a cause-and-effect relationship between dumping and the threat of real damage.
According to the agency, the final decision determined the dumping margin in the range from 27.7 percent to 34.9 percent.
China’s Ministry of Commerce said it had accepted price commitments submitted by relevant industry associations and EU enterprises and would not impose anti-dumping duties on imports that meet the terms of those commitments.
This decision was taken following a lengthy investigation that began in January 2024. A preliminary assessment was published in August 2024 and temporary anti-dumping measures were introduced in October of the same year.
The department also reported that the anti-dumping investigation was carried out in relation to EU-produced brandy, packaged in containers with a capacity of less than 200 liters, which was imported into China between October 1, 2022 and September 30, 2023. -0-