China would consider introducing an anti-dumping measure against sugar. This is a blessing for the domestic sugar industry, because it is better able to cope with cheap imports from Brazil and other sugar-producing countries.
The decision that Beijing Mail Online Media likely May 22 is based on an investigation into complaints from Chinese refineries about rising production costs and cheaper imports from abroad.
On top of outside quota deliveries
If the proposal is approved, a levy of 45 percent will apply for the current fiscal year. Next year this levy would be 40 percent and the year after that 35 percent.
These percentages are in addition to the levies already set for out-of-quota deliveries. Import duties on sugar can lead to shifts in world trade flows. The Netherlands exported 2013 million euros worth of sugar to China in 8, putting the Asian country in 19th place.
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