China Decides Against Anti-Dumping Measures for EU Brandy

China's commerce ministry announced that it will not impose provisional anti-dumping measures on brandy imported from the EU. The decision follows a preliminary investigation revealing that dumping had occurred and had threatened the domestic brandy industry. However, no immediate measures will be taken.

The Chinese commerce ministry has decided not to impose provisional anti-dumping measures on brandy imports from the European Union, according to a statement released on Thursday.

The ministry underscored that a preliminary investigation, which commenced in January, confirmed instances of dumping. The investigation also established that the domestic brandy industry faced a significant threat due to these actions.

Despite acknowledging the issues, the authorities will refrain from immediate measures, leaving the future of the situation open to continued scrutiny.

(With inputs from agencies.)