China launches anti-dumping probe into plastics from EU, US, Japan, Taiwan

China launches anti-dumping probe into plastics from EU, US, Japan, Taiwan

The investigation should be completed in a year but could be extended for six months.

us china
China’s plastics probe comes amid a broader trade row with the US. (Reuters pic)
BEIJING:
China’s commerce ministry today launched an anti-dumping probe into POM copolymers, a type of engineering plastic, imported from the European Union, US, Japan and Taiwan.

The plastics can partially replace metals such as copper and zinc and have various applications including in auto parts, electronics, and medical equipment, the ministry said in a statement.

The investigation should be completed in a year but could be extended for six months, it said.

The European Commission, which oversees EU trade policy, said it would carefully study the contents of the investigation before deciding on any next steps.

“We expect China to ensure that this investigation is fully in line with all relevant WTO (World Trade Organization) rules and obligations,” a spokesman said.

China’s plastics probe comes amid a broader trade row with the US and Europe.

The US on Tuesday unveiled steep tariff increases on Chinese electric vehicles (EVs), computer chips, medical products and other imports.

On Friday, the European Union launched a trade investigation into Chinese tinplate steel, the latest in a string of EU trade and subsidy probes into Chinese exports.

Most notably, the European Commission launched a probe last September to decide whether to impose punitive tariffs on cheaper Chinese EVs that it suspects of benefiting from state subsidies.

Beijing argues the recent focus by the US and Europe on the risks to other economies from China’s excess capacity is misguided.

Chinese officials say the criticism understates innovation by Chinese companies in key industries and overstates the importance of state support in driving their growth.

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