Ministry of Commerce says importers covered by preliminary judgment must provide cash deposits with shipments
China has made a preliminary determination that Europe is dumping pork and pork by-products into its market, causing “material injury” to the domestic industry, Beijing’s Ministry of Commerce said on Friday.
“Starting September 10, importers of the products under investigation shall, based on the margin of deposit determined for each company in this preliminary ruling, provide corresponding deposits,” the ministry said.
According to the ministry, the deposits will be provided to China’s General Administration of Customs.
Chinese analysts saw the ruling as an indication of the country’s strengthened position and a justified response to similar probes by the EU into Chinese exports.
