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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Economy

Economy

Chinese anti-dumping probe targets EU pork

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image credit: Zurchers

In response to electric vehicle export limits, China has launched an anti-dumping investigation against EU pork and byproducts, targeting Spain, the Netherlands, and Denmark.
China’s trade ministry began investigating fresh, cold, and frozen pork slices, pig intestines, bladders, and stomachs for human consumption on Monday. June 17 is when the investigation starts.

The authorities cited the China Animal Husbandry Association’s June 6 pig industry complaint.
Spanish pork producer Interporc offered assistance with the Chinese probe. Spain supplies most of China’s pork.

“The EU and China have plenty of time to agree,” Interporc said.
Between the probe and China’s tariff announcement, European pork producers should export tariff-free to China.
The trade ministry of China stated the inquiry should end by June 17, 2025, but could be extended by six months.

Chinese state-backed The “business insider” told Global Times late last month that Chinese companies would request an anti-dumping probe into numerous European pig products.
Another June 8 story in the same journal urged regulators to investigate European dairy exports.
China’s state media and business interviews suggest reprisals.
The European Commission told reporters it was unconcerned about China’s probe and would intervene to ensure it followed WTO laws.
The EU bought over half of China’s $6 billion in pork in 2023, with Spain providing 25%.
The Netherlands and Denmark, ranked second and third, exported $620 million and $550 million of pork to China last year.

As Chinese industrial overcapacity floods the EU with cheap products, including EVs, the West’s trade war with Beijing, which began with Washington’s import tariffs in 2018, is growing.


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