Your current location is:{Current column} >>Text
China's Ministry of Commerce announces anti
{Current column}8People have watched
IntroductionChina has initiated an anti-dumping investigation on imported pork and its by-products from the EU, ...
China has initiated an anti-dumping investigation on tmgm foreign exchange dealerimported pork and its by-products from the EU, primarily targeting Spain, the Netherlands, France, and Denmark, in response to the EU's restrictions on Chinese electric vehicle exports.
The Ministry of Commerce of China announced this investigation on Monday, focusing on pork meant for human consumption, such as fresh, frozen, and chilled whole cuts, as well as pig intestines, bladders, and stomachs. The investigation will commence on June 17.
The Ministry stated that the investigation was launched following a complaint filed by the China Animal Husbandry Association on behalf of the domestic pork industry on June 6.
Global food companies have been on high alert for potential retaliatory tariffs from China ever since the European Commission announced on June 12 that it would impose countervailing duties of up to 38.1% on imported Chinese cars starting in July, sparking concerns fueled by reports in Chinese state media.
The state-supported Global Times first reported late last month that a certain "industry insider" disclosed plans by Chinese companies to request authorities to conduct an anti-dumping investigation on certain European pork products. The newspaper followed up with another report on June 8, urging officials to investigate European dairy imports as well.
Chinese authorities had previously hinted at possible retaliatory measures through comments in state media and interviews with industry insiders.
According to customs data, China imported pork and by-products worth $6 billion in 2023, with the EU accounting for more than half of that amount.
Risk Warning and DisclaimerThe market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
Tags:
Related articles
TrustVest Capital required me a $2,000 “risk management surcharge”
{Current column}There was no prior mention of this fee in any documentation or during registration. I had completed ...
Read moreI’ve been trading on bitbyto for a few months, but I can’t get my money back. Has anyone faced this?
{Current column}I invested a substantial amount with bitbytokens after seeing a good return on a small investment. A ...
Read moreBezes Unveils New Website Version
{Current column}Bezes, a platform specializing in forex and cryptocurrency markets, has launched its newly designed ...
Read more
Popular Articles
- Long Asia Launches Cent Account to Empower Indian Traders
- When trading, do not live for others' approval, nor be driven by your own emotions!
- Neuralink's classification as a disadvantaged small business raises scrutiny and legal concerns
- Real World Finance Trade is asking me to pay a $1,800 “withdrawal integrity verification charge”
- UBS predicts silver to hit $38 by 2025, driven by demand and gold
- ZenithTrustCorp hit me with a $1,850 “security inspection payment” just as I tried to withdraw.
Latest articles
-
“liquidity verification fee”? BitStockTrades surprised me by introducing this?
-
Rotabit Applies Advanced Network Technology
-
I was scammed by AaelExChange? How can I get my money back?
-
Rotabit Applies Advanced Network Technology
-
My Precious Metals Investment Journey: Macro Bullion, From Choice to Trust
-
OffizielleKryptoBorse blocked my $2,100 withdrawal