China launches anti-dumping probe into EU chemical imports ahead of trade talks
Simmering trade tensions between Beijing and Brussels have threatened to become a full-blown trade war as the 27-nation bloc scrambles to defend its industries against a flood of Chinese exports critics argue are supported by vast subsidies.
China has initiated an anti-dumping probe into chemical imports from the European Union, according to a report by Reuters. This move comes less than a week before EU trade chief Maros Sefcovic is set to meet with Chinese Commerce Minister Wang Wentao in Beijing for trade talks. The investigation focuses on the import of the chemical p-nitrotoluene, which Chinese industry claims is flooding the market and damaging domestic production.
The chemical, used in the production of dyes, pharmaceuticals, and pesticides, is allegedly being supplied at undervalued prices. Beijing denies allegations of state-subsidized manufacturing competitiveness and has threatened countermeasures against EU efforts to block its firms. The EU initiated its own investigation into polyvinyl chloride imports from China in September.
The Chinese investigation is expected to conclude within 12 months, with a potential six-month extension. Chinese officials insist the EU must address its own economic and trade issues through dialogue and consultation.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- China launches anti-dumping probe into EU chemical imports ahead of trade talks hongkongfp.com
- China launches anti-dumping probe into chemical compound p-nitrotoluene from the EU winnipegfreepress.com
- China launches anti-dumping probe into EU chemical imports ahead of trade talks freemalaysiatoday.com
