China Extends Brandy Probe Amid Complex Trade Relations

The Chinese Ministry of Commerce has announced the extension of its anti-dumping investigation into European Union brandy until April 5, 2025. This decision underscores the intricate dynamics of international trade and the ongoing tensions between China and the EU.

Originally initiated at the start of the year, the investigation targets brandy in containers of no more than 200 liters. The ministry cited the 'complexity of the case' as the primary reason for the extension, highlighting the challenges in navigating the multifaceted aspects of global trade disputes.

This move follows Beijing's imposition of tariffs on European brandy in October 2024, a retaliatory action in response to the EU's duties on Chinese electric vehicles. The extension of the probe signifies a deepening of the trade rift between the two economic powerhouses, with potential implications for global markets.