On Sunday, China’s Commerce Ministry announced that it initiated anti-dumping probes into specific chemical products from Japan, the United States, the European Union, and Taiwan.
China’s announcement of measures may aim to pressure countries and regions with which it disputes politically or economically. Analysts suggest this strategy.
The probes will focus on polyacetal resin, a type of plastic used for automobile parts and other items. The ministry stated that the probes will last until May 19, 2025, with a possible six-month extension.
The ministry found that polyacetal resins from Japan, the US, the EU, and Taiwan are competitively priced, disadvantaging Chinese products.
China strongly opposes the US decision to raise tariffs on Chinese electric vehicles and solar cells. The Ministry official hinted at Beijing’s intention to retaliate.
The China Plastics Probe comes amid rising tensions in global trade relations. The probe targets a wide range of plastic products, including those used in various industries such as packaging, construction, and automotive.
Chinese authorities are investigating whether these imports are being sold at unfairly low prices, thereby harming domestic producers. Furthermore, this probe reflects China’s efforts to ensure a level playing field in the plastics market and address concerns about unfair competition.
Moreover, the launch of the China Plastics Probe could have significant implications for international trade dynamics. If China finds evidence of dumping practices, it may impose anti-dumping duties on plastic imports from the EU, US, Japan, and Taiwan.
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