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Jun 18, 2024 04:08 AM
WORLD

China Starts Anti-Dumping Investigation Into EU Pork Imports

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(Bloomberg) — China has launched an investigation into the dumping of pork from the European Union, in a narrowly targeted measure that is seen as the latest move in trade tensions between Beijing and Brussels.

China is the EU’s biggest overseas market for pork, although export volumes have fallen off in recent years due to domestic oversupply and low prices. The trade was worth $1.83 billion last year, with farmers in Spain, Denmark and the Netherlands the biggest beneficiaries.

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