Foreign media: On September 5, China announced that it had initially determined that the EU was dumping pork and related by-products into the Chinese market, causing "substantial damage" to the domestic industry, and decided to implement temporary anti-dumping measures starting from September 10.
The specific approach is to require relevant importers to pay a deposit according to the determined margin of dumping. The notice shows that European pork companies cooperating with the investigation need to pay deposits ranging from 15.6% to 32.7%, while non-cooperating companies need to pay a high deposit of 62.4%. In the list, Spanish company Litera is subject to a lower tax rate, while Dutch company Vion is at a high level.
Related officials stated that China has taken a "cautious and restrained" attitude toward this, and cited an example that the previous investigation on French brandy was resolved through negotiation, showing that there is still room for cooperation between China and the EU. This measure marks an escalation of trade friction between China and the EU, especially in areas such as pork and spirits.
Original: www.toutiao.com/article/1842501535556616/
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