International Companies

China to impose anti-dumping measures on EU brandy, drink stocks slump

By Michele Maatouk

Date: Tuesday 08 Oct 2024

(Sharecast News) - Shares of European drinks makers slumped on Tuesday after China said it would impose provisional anti-dumping tariffs on brandy imported from the European Union this week.

According to a notice from the Ministry of Commerce, Chinese customs officials will collect security deposits from companies that sell brandy...

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