Dubai Telegraph - China to impose anti-dumping duties on EU pork for five years

EUR -
AED 4.339975
AFN 76.814055
ALL 96.797455
AMD 444.535927
ANG 2.115423
AOA 1083.663344
ARS 1692.015434
AUD 1.685082
AWG 2.130101
AZN 2.013663
BAM 1.954639
BBD 2.37329
BDT 144.104396
BGN 1.984592
BHD 0.444336
BIF 3491.925652
BMD 1.181748
BND 1.500509
BOB 8.142163
BRL 6.165657
BSD 1.1783
BTN 106.731597
BWP 15.599733
BYN 3.385189
BYR 23162.260663
BZD 2.369792
CAD 1.617282
CDF 2599.846012
CHF 0.916635
CLF 0.025765
CLP 1017.355497
CNY 8.200091
CNH 8.189295
COP 4354.327742
CRC 584.152989
CUC 1.181748
CUP 31.316322
CVE 110.877553
CZK 24.230684
DJF 209.825355
DKK 7.471252
DOP 74.365824
DZD 153.099053
EGP 55.224195
ERN 17.72622
ETB 183.179684
FJD 2.611077
FKP 0.872136
GBP 0.867943
GEL 3.184858
GGP 0.872136
GHS 12.949308
GIP 0.872136
GMD 86.268024
GNF 10342.855918
GTQ 9.037631
GYD 246.523555
HKD 9.234002
HNL 31.26319
HRK 7.534948
HTG 154.358305
HUF 377.809361
IDR 19918.953296
ILS 3.676034
IMP 0.872136
INR 107.038538
IQD 1548.680745
IRR 49781.134392
ISK 145.012752
JEP 0.872136
JMD 184.420447
JOD 0.837906
JPY 185.77138
KES 151.999706
KGS 103.344316
KHR 4765.99007
KMF 495.152823
KPW 1063.575845
KRW 1729.84719
KWD 0.363045
KYD 0.981917
KZT 582.993678
LAK 25320.958308
LBP 105522.815101
LKR 364.543446
LRD 221.518409
LSL 19.009707
LTL 3.489395
LVL 0.714828
LYD 7.461568
MAD 10.854401
MDL 20.090066
MGA 5230.892634
MKD 61.603405
MMK 2481.679614
MNT 4231.489931
MOP 9.482267
MRU 47.093105
MUR 54.43176
MVR 18.258453
MWK 2052.696671
MXN 20.401229
MYR 4.664955
MZN 75.33688
NAD 19.009707
NGN 1615.426317
NIO 43.36424
NOK 11.451852
NPR 170.770555
NZD 1.964016
OMR 0.453131
PAB 1.1783
PEN 3.979541
PGK 5.052998
PHP 69.145302
PKR 329.485672
PLN 4.218238
PYG 7785.375166
QAR 4.303159
RON 5.093811
RSD 117.646603
RUB 90.749791
RWF 1719.778381
SAR 4.431245
SBD 9.522701
SCR 16.161135
SDG 710.825762
SEK 10.663153
SGD 1.504252
SHP 0.886617
SLE 28.894177
SLL 24780.663673
SOS 672.200685
SRD 44.691391
STD 24459.797516
STN 24.485455
SVC 10.309876
SYP 13069.630436
SZL 19.00571
THB 37.266468
TJS 11.040741
TMT 4.142027
TND 3.365032
TOP 2.845365
TRY 51.538989
TTD 7.97926
TWD 37.331853
TZS 3045.890616
UAH 50.612034
UGX 4192.509477
USD 1.181748
UYU 45.542946
UZS 14469.404578
VES 446.683163
VND 30666.360419
VUV 141.795603
WST 3.221816
XAF 655.567566
XAG 0.015204
XAU 0.000238
XCD 3.193733
XCG 2.123638
XDR 0.815316
XOF 655.567566
XPF 119.331742
YER 281.732962
ZAR 18.960639
ZMK 10637.154271
ZMW 21.945963
ZWL 380.522372
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • NGG

    1.1700

    88.06

    +1.33%

  • CMSC

    -0.0400

    23.51

    -0.17%

  • BCC

    1.8700

    91.03

    +2.05%

  • GSK

    1.0600

    60.23

    +1.76%

  • RIO

    2.2900

    93.41

    +2.45%

  • RELX

    -0.7100

    29.38

    -2.42%

  • BCE

    -0.4900

    25.08

    -1.95%

  • BTI

    0.8400

    62.8

    +1.34%

  • CMSD

    0.0600

    23.95

    +0.25%

  • JRI

    0.0900

    12.97

    +0.69%

  • RYCEF

    0.2600

    16.88

    +1.54%

  • VOD

    0.4900

    15.11

    +3.24%

  • BP

    0.8400

    39.01

    +2.15%

  • AZN

    5.8700

    193.03

    +3.04%

China to impose anti-dumping duties on EU pork for five years
China to impose anti-dumping duties on EU pork for five years / Photo: Pedro PARDO - AFP/File

China to impose anti-dumping duties on EU pork for five years

China will impose anti-dumping duties on European Union pork imports for five years, but at lower rates than temporary levies in place since September, Beijing announced Tuesday.

Text size:

The two sides have been locked in a trade spat fuelled by what many European countries view as an unbalanced economic relationship with China.

The levies come after a probe launched by China last year concluded that European pork imports "were being dumped, and the domestic industry suffered substantial damages" as a result, the commerce ministry said in a statement Tuesday.

The duties will range from 4.9 percent to 19.8 percent -- down from temporary levies of 15.6 percent to 62.4 percent -- and will be applied from December 17, it said.

"At present, the domestic industry is facing difficulties, and there are strong calls for protection," a commerce ministry spokesperson said.

They added that the investigation's conclusions were "objective, fair, and impartial".

The two are key trading partners, with the EU running a trade deficit of more than $350 billion with China in 2024.

French President Emmanuel Macron said this month that Europe would consider adopting strong measures against China -- including tariffs -- if the trade imbalance was not addressed.

The current trade spat erupted last summer when the EU moved towards imposing hefty tariffs on Chinese electric vehicles, arguing that Beijing's subsidies were unfairly undercutting European competitors.

Beijing denied that claim and announced what were widely seen as retaliatory probes into imported European pork, brandy and dairy products.

China -- the world's leading consumer of pork -- imported 4.3 billion yuan ($600 million) in pork products from major producer Spain alone last year, according to official Chinese customs data.

France, meanwhile, exported 115,000 tonnes of pork to China in 2024, according to industry association Inaporc.

According to the new measures, Groupe Bigard, a major French pork producer, will be charged 9.8 percent, while Danish Crown will be hit with an 18.6 percent levy.

European producers criticised the imposition of temporary duties on pork in September, denying the dumping allegations.

They argued that Chinese consumers pay more than Europeans for products that the latter often ignore, such as pigs' trotters or ears.

Alongside trade frictions, China and the EU are at odds on issues such as Russia's 2022 invasion of Ukraine.

The EU has urged China exert pressure on Moscow to end the war, but Beijing has shown no sign of acceding.

V.Munir--DT