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Spain seeks to avert trade war after China announces pork anti-dumping probe (www.reuters.com)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 5 months ago (3 children)

How is Spain making pork cheap enough to not only export to China but to dump it?

WTF IS GOING ON lol

[–] [email protected] 3 points 5 months ago

China's investigation appears mainly targeted at Spain, the Netherlands, France and Denmark, the three biggest EU exporters of pork to China.

All of them are subsidized heavily and very entitled to that and to polluting freely.

The EU is the world's second biggest producer of pork after China and the biggest exporter of pork and pork products. The EU's main producer countries are Germany, Spain and France and between them they represent half of the EU's total production. The EU exports about 13% of its total production. Most of the EU's pork exports go to East Asia, in particular China. https://agriculture.ec.europa.eu/farming/animal-products/pork_en

https://agridata.ec.europa.eu/extensions/DataPortal/pigmeat.html

[–] [email protected] 2 points 5 months ago

If it’s anything like what happens in the US they’re dumping “excess” production to keep prices artificially high.

[–] [email protected] 2 points 5 months ago (1 children)

Accord8ng to what I got from the aeticle, by dumping they mean mass exports.

[–] [email protected] 2 points 5 months ago* (last edited 5 months ago)

That's correct. Dumping is a trade practice when selling priced under COGS, generally to drive competition out of business but there are various reasons.