China launches anti-dumping probe into imported EU, US chemical
CHINA’S commerce ministry on Sunday (May 19) said it had launched an anti-dumping investigation into imports of an important engineering chemical from the European Union (EU), the US, Taiwan and Japan.
Beijing said it would probe imports of polyoxymethylene 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 US tariffs on Chinese imports like electric vehicles and semiconductors.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Japan’s Asics to spin off popular Onitsuka Tiger sneaker business; shares rise
CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
The returnees: Inside China’s AI talent reversal