Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

China begins anti-dumping probe into Canadian rapeseed

China announced on Monday the start of a one-year anti-dumping investigation into imports of rapeseed from Canada, just weeks before Ottawa's 100% tariffs on Chinese-made electric vehicles and other products come into force.

There has been growing trade tension between Beijing and the West in recent weeks after Canada, the United States and the European Union opted to impose tariffs on imports of electric vehicles from China.

The inquiry will examine imports from Jan. 1 to Dec. 31, 2023, China's commerce ministry said in a statement, adding that preliminary evidence and information showed dumping of the oilseed, also known as canola, had taken place.

While noting that Canada adheres to "rules-based trade," Canadian Minister of Agriculture Lawrence MacAulay said the country's products meet the highest standards and its inspection systems are robust.

"I am deeply concerned by this announcement, and I want to be clear that our government will always support the agriculture sector as they pursue market access for their world-class products," he said.

Chinese President Xi Jinping met with Spanish Prime Minister Pedro Sanchez on Monday in a bid to avoid a broad trade war.

China has already launched an anti-subsidy investigation into dairy imports from the European Union and an anti-dumping investigation into EU pork imports.

"A trade war would benefit no-one," Sanchez said, adding he was seeking to create a level playing field in cooperation with Chinese companies.

China's commerce ministry said there was a causal relationship between the dumping of Canadian canola imports and actual damage to domestic industry following significant rises in the imports and falling prices.

More than half of rapeseed exported by Canada makes its way

Read more on cnbc.com