Core Viewpoint - The Chinese Ministry of Commerce has announced a final ruling on anti-dumping investigations against imports of copolymer formaldehyde from the US, EU, Taiwan, and Japan, confirming that these imports have caused substantial harm to the domestic industry [1][5]. Group 1: Anti-Dumping Investigation - The Ministry of Commerce initiated the anti-dumping investigation on May 19, 2024, and has concluded that there is a causal relationship between dumping and substantial harm to the domestic copolymer formaldehyde industry [1][5]. - The investigation revealed that US, EU, Taiwan, and Japan's copolymer formaldehyde was being sold at prices significantly below cost, with US products being priced 30% lower than production costs [3][5]. Group 2: Market Impact - The automotive sector accounts for approximately 35% of copolymer formaldehyde usage, while the electronics sector accounts for about 25% [3]. - The market share of Chinese companies in copolymer formaldehyde has decreased from 45% in 2019 to 28% in 2023 due to aggressive pricing strategies by foreign competitors [3][5]. - European companies face a dumping margin of 23.8%, while Japanese companies face a margin of 31.45%, leading to potential market share losses [5]. Group 3: Strategic Implications - The anti-dumping measures are seen as a strategic move by China in the context of global trade tensions, signaling a shift from a defensive to a more proactive stance in protecting domestic industries [7]. - This action reflects China's growing awareness and capability to protect key materials and industries, with copolymer formaldehyde being just the beginning [7].
特朗普“美梦”再次破碎,等到了中方的反制单,中国对美国征收关税
Sou Hu Cai Jing·2025-05-20 11:41