China launches anti-dumping probe into EU chemicals as trade friction widens
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China's Ministry of Commerce announced on the 3rd that it has launched an anti-dumping investigation into para-nitrotoluene, a chemical used as a raw material for pharmaceuticals and pesticides, targeting imports from the European Union. It claims that import prices from the EU fell by about 60 percent between 2022 and 2025, potentially harming China's domestic industry. The move is seen as a countermeasure against the EU, which has been tightening regulations on China, and trade friction with Europe is widening.