Thursday, July 10, 2025

Creating liberating content

Introducing deBridge Finance: Bridging...

In the dynamic landscape of decentralized finance (DeFi), innovation is a constant,...

Hyperliquid Airdrop: Everything You...

The Hyperliquid blockchain is redefining the crypto space with its lightning-fast Layer-1 technology,...

Unlock the Power of...

Join ArcInvest Today: Get $250 in Bitcoin and a 30% Deposit Bonus to...

Claim Your Hyperliquid Airdrop...

How to Claim Your Hyperliquid Airdrop: A Step-by-Step Guide to HYPE Tokens The Hyperliquid...
HomeWorldChina launches 'anti-dumping'...

China launches ‘anti-dumping’ probe into some EU dairy products

China announced on Wednesday it was launching an “anti-dumping” investigation – selling below cost – into some imported dairy products from the European Union (EU) in the context of tensions with Brussels over electric vehicles from China.

The petition to investigate imports of European dairy products into China was filed on July 29 by the China Dairy Industry Association, according to China’s Ministry of Commerce. The investigations will focus on products imported between April 2023 and March 2024 and the “damage” these purchases have caused to the Chinese sector.

The process will analyse dairy products such as fresh cheese, quark and cream, and the impact of dairy subsidy programmes in Ireland, Austria, Belgium, Italy, Croatia, Finland, Romania and the Czech Republic.

“The Ministry of Commerce has decided to launch an ‘anti-dumping’ investigation into certain dairy products imported from the European Union, effective from August 21, 2024,” the statement said.

The procedure targets a range of subsidies provided under the EU’s Common Agricultural Policy (CAP).

On Tuesday, the European Commission confirmed its intention to introduce punitive duties on electric vehicles made in China, including those of the American company Tesla, which has a plant in Shanghai.

Brussels believes that prices for Chinese cars are artificially low due to government subsidies that distort the market and harm the competitiveness of European manufacturers.

These rates, which can reach 36%, replace preliminary taxes imposed in early July on Chinese-made electric vehicles.

Beijing has criticized the decision and threatened retaliation several times in recent months.

The dairy survey should be completed within a year, but could be extended by six months, the ministry said.

In January, Beijing already announced it was investigating alleged anti-competitive practices in relation to spirits such as cognac imported from the EU.

In June, it also launched an anti-dumping investigation into imports of pork and pork products from the European Union, mainly produced in Spain, France, the Netherlands and Denmark.

Author: Lusa
Source: CM Jornal

Get notified whenever we post something new!

Continue reading

The head of the Abkhazian Foreign Ministry assessed the relations between Russia and Georgia

It is in Abkhazia's interest to develop relations between Russia and Georgia, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3."I think it is in our interest to see things develop normally. I do not believe...

The head of the Abkhazian Foreign Ministry called on the Russian Federation to consider how to improve relations with the Russian Federation

Abkhaz political forces need to think together about how to improve relations with Russia, which have begun to deteriorate, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3.He commented on a document that appeared on social...

Sports Minister Degtyarev punished a State Duma deputy for changing citizenship

State Duma deputies who previously changed their sports citizenship are disgusting, Russian Sports Minister Mikhail Degtyarev said on September 4 during a speech at the EEF-2024 forum.Degtyarev said he was not against Russian athletes taking part in international competitions...