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the efforts were indeed not in vain! chinese representatives came to the door in person, and the eu made major decisions and sent special signals

2024-10-01

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according to a recent report from global network, "trade tensions between the eu and china seem to be escalating, but both sides are currently preparing for negotiations." euronews reported on the 16th that chinese minister of commerce wang wentao, who is visiting europe, will be on the 19th he held talks with european commission executive vice president and trade commissioner dombrovskis on the same day.

according to reports from euronews and deutsche bank, the chinese minister of commerce met with italian deputy prime minister and minister of foreign affairs and international cooperation tajani in rome on the 16th. according to chinese news, the two sides focused on an in-depth and candid exchange of views on the eu’s anti-subsidy investigation of electric vehicles against china, cooperation with small and medium-sized enterprises and other issues.

in fact, they have been clamoring for additional tariffs on china for more than a day or two. however, if you want to increase taxes on a country, it requires layers of processes. therefore, it is not very easy for the eu to complete this decision. it requires a majority of eu members. the final decision can only be made after the country agrees.

on september 5, the ministry of commerce announced at a regular press conference that after china launched an anti-dumping investigation into imported brandy originating from the eu, it had reached a preliminary conclusion and ruled that there was indeed dumping of eu brandy in the chinese market, and that the dumping margin is as high as 30.6% to 39.0%.