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China launches anti-dumping probe into chemical from EU, US

by Agence France-Presse - AFP

BEIJING, China May 19, 2024 - 12:42 pm GMT+3
This aerial photograph taken shows a cargo ship loaded with containers at a port in Qingdao, eastern Shandong province, China, May 14, 2024. (AFP Photo)
This aerial photograph taken shows a cargo ship loaded with containers at a port in Qingdao, eastern Shandong province, China, May 14, 2024. (AFP Photo)
by Agence France-Presse - AFP May 19, 2024 12:42 pm

China's Commerce Ministry said Sunday it had launched an anti-dumping probe into imports of an important engineering chemical from the European Union, the United States, Taiwan and Japan.

Beijing said it would probe imports of polyoxymethylene (POM) copolymer, a thermoplastic used in everything from phones, car parts and medical equipment.

The investigation will take a year but could be extended by six months, the Commerce Ministry said.

The probe follows a number of similar investigations by the EU into China's subsidies for its industry.

Last month, the bloc launched a probe into China's medical devices market over alleged unfair procurement practices.

Beijing said the probe amounted to "protectionism" and warned it would harm the EU's image.

It also follows sharp hikes in U.S. tariffs on Chinese imports like electric vehicles and semiconductors.

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  • Last Update: May 19, 2024 2:13 pm
    KEYWORDS
    china anti-dumping china-us relations china-eu relations trade imports investigations
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