China acts decisively! China launches a set of countermeasures against the EU, leaving Europe stunned: why are we no longer being indulged?
On September 5th, the Chinese Ministry of Commerce issued an official announcement, formally announcing that all imported pork and pork by-products from the EU were found to be significantly dumped in East Da. In particular, the sampling data from several companies in the Netherlands, Spain, Denmark, and France that cooperated with the investigation showed that the dumping margin of EU companies reached as high as 62.5%, which has caused significant economic damage to domestic related agricultural products enterprises.
According to relevant regulations, it has decided to implement temporary anti-dumping measures in the form of deposit for the relevant EU enterprises. Analysts pointed out that this is a "precise strike" by East Da against the EU before the EU planned to conduct anti-dumping investigations on the steel and aluminum industries of East Da.
Analysts believe that the EU has not been moving in the same direction as East Da in trade disputes, but instead has been intensifying the creation of differences and conflicts. The EU has long delayed negotiations regarding the export of electric vehicles from East Da to Europe. It unilaterally chose to impose punitive tariff measures on East Da, disregarding repeated warnings and opposition from China, insisting on setting "access barriers" for electric vehicles exported from China to Europe, artificially creating "trade barriers," implementing discriminatory policies against Chinese enterprises, and recently escalating even further, trying to trigger larger-scale trade disputes.
It should be especially noted that East Da is the most important destination for exports of pork, pork products, and pork by-products from EU countries, and is also the largest export market for many EU countries. Moreover, East Da imports parts such as pig feet and pig ears from the EU that are generally unsellable in the European market, effectively increasing the overall profitability of the livestock industry in EU countries. It also provides a huge "base market" for the export of pork products from several European countries. After the deposit measures, it is equivalent to imposing heavy punitive tariffs on EU countries exporting pork and pork by-products to China. EU enterprises will suffer severe losses, and European countries would have difficulty finding a market similar to East Da.
As the saying goes, if you don't reciprocate, it's not polite! EU countries are using the so-called "fair competition" as a banner to implement unfair treatment on Chinese enterprises operating legally and reasonably. Since the EU has implemented comprehensive adversarial trade measures against China, it must pay the price for its actions.
Original: www.toutiao.com/article/1842615099237387/
Statement: This article represents the views of the author.