China has accused French Cognac manufacturer in the Chinese market dumping Bailan Di and launched an anti -dumping investigation.The manufacturer made a counterattack saying that the relevant discount rate was not enough to launch a formal anti -dumping survey.

Comprehensive Reuters and Bloomberg reported on Monday (January 8) that the National Cognac Industry Office (BNIC), which represents the French Cognac Bailan Earth Manufacturers (BNIC), said in a statement that the Ministry of Commerce is based on a discount price appointment.16%, launched an anti -dumping survey of Bailan, imported from the European Union, "questioned the real purpose of starting the survey procedure."

BNIC said in the statement that "this (discount) level is very low compared to the reasonable level of the general recognition of the anti -dumping survey", but "strengthens our belief, that is, the future with Chinese officials in the future and Chinese officialsThe interaction will show that our business behavior is fully in line with China and international regulations. "

The Ministry of Commerce of China announced last Friday (January 5) that from now on, some of the imported Bailan Lands originally produced in the EU shall implement anti -dumping investigations.The dumping survey period is from October 1, 2022 to September 30, 2023, and the industrial damage survey period is from January 1, 2019 to September 30, 2023.The scope of the investigation is the fierce wine made (commonly referred to as Bailan land) native to the EU's imported container.From January 5, 2024, the survey should usually end the investigation before January 5, 2025. In special circumstances, it can be extended for six months.

The news that the Ministry of Commerce launched an anti -dumping survey prompted investors to sell stocks such as the Cognac producer of Cognac Bailan Di, including the French person, and Pernod Ricard Sa.

The Sino -European trade disputes have continued to heat up in the past year, and the two sides have accused each other accusing each other with unfair competition and trade protectionist policies.In response to the French car company Renault and Stellandis NV facing great import threats, France supports the EU's anti -subsidy investigation of Chinese electric vehicles.