China Imposes AD Duties on EU Brandy Imports

China will impose temporary antidumping duties on imports of brandy from the EU after preliminary findings showed the imports are threatening its domestic industry, according to an unofficial translation of an Oct. 8 Ministry of Commerce notice. Beginning Oct. 11, Importers of EU brandy must pay security deposits ranging from 30.6% to 39%, state-run news agency Xinhua reported. The announcement came less than a week after EU member states voted to approve new countervailing duties on Chinese electric vehicles (see 2410040013).