Core Viewpoint - The Ministry of Commerce of China has concluded an anti-dumping investigation on imported brandy from the EU, determining that there is dumping with a margin of 27.7% to 34.9%, and has accepted price commitments from 34 EU companies to avoid anti-dumping duties [3]. Group 1: Investigation Findings - The final ruling indicates that the domestic brandy industry in China is threatened by substantial damage due to dumping practices from the EU [3]. - The investigation was initiated on January 5, 2024, and followed strict adherence to Chinese laws and WTO rules, leading to a preliminary ruling on August 29, 2024 [3]. Group 2: Price Commitments - The Ministry accepted price commitments from 34 EU companies, allowing them to export without anti-dumping duties if they meet the agreed price levels [1]. - The acceptance of price commitments reflects China's cautious approach to trade remedy measures and aims to maintain fair market competition [2]. Group 3: Industry Response - The domestic brandy industry supports the final ruling and the acceptance of price commitments, while the EU industry has also welcomed this decision [2].
商务部,周末发声!
券商中国·2025-07-05 08:45