China to impose anti-dumping measures on EU brandy imports

China will impose provisional anti-dumping measures on certain brandy imports from the European Union in the form of cash deposits, effective on Friday, said the Ministry of Commerce in an online notice on Tuesday.

The deposit rates are set at between 30.6 percent and 39 percent for various European companies, said the notice.

In response to a request from the domestic brandy industry, the Ministry of Commerce initiated an anti-dumping investigation on January 5, targeting brandy imports from the EU.

The Ministry of Commerce reached a preliminary conclusion on August 29, after conducting the investigation in full accordance with Chinese laws and regulations, as well as the rules of the World Trade Organization.

China's investigation found that the brandy imports from the EU were being dumped in its market, posing a threat of substantial harm to the domestic industry.